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Global Pulse Video: World Wheat Crisis PDF Print E-mail
Contributed by J. R. Ransom   
World Wheat Crisis
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

 
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