 In Wheat Crisis This Global Pulse Video (5min 1sec) gives an interesting view of the World Wheat Crisis. In the U.S., pastries may cost a few pennies more.
But in Pakistan and Egypt, soaring wheat prices have caused bread riots, and in the poorest countries, babies will starve.
The wheat crisis is caused by a nexus of factors - drought in Australia, growing demand in Asia, market speculation, and even the use of food to make biofuels.
The effects make clear that the global economy is, for some, a trap they cannot see, or escape.
Sources: ABC News, U.S.; Deutche Welle, Germany; Hechos, El Salvador; Teletrece, Chile; BBC, U.K.; Al Jazeera English, Qatar; South Asia Newsline, India; KBS, Korea.
03 April 08 |