World Food Crisis

[Libaax-Sankataabte]

Costco and Sams Club have already started food rationing. People are stocking up rice and other goods at alarming numbers in North America.

 

Rationing food in the land of plenty?

[Jacaylbaro]

We started to stock up here too ..... it is crazy beryahan.

[me]

http://nysun.com/news/food-rationing-confronts-breadbasket-world

[Malika]

The rice stocks have gradually declined in the rice surplus countries, the markets did not react until it got to a critical low level, and it’s not helped by the US financial markets driven investors- in their search for high returns. The investors have moved away from stock and bond markets and toward commodities hence the rises in food prices and fuel. The world major exporters are relatively few and these countries have banned rice export or placed tougher export restrictions in a bid to keep their domestic prices affordable for their own population. The American economy is declining loosing its credibility being a major player in the global economy anymore.. Its time to move to China I say..Lol

 

 

LS,they say those who climb up,will eventually come down..[a swahili saying]

[Abaay Heylay]

^^in otherwords, what goes up must come down.

[Geel_jire]

^ or they bigger they are the harder they fall

[Haneefah]

This is wrong; world's largest exporters of grain are stockpiling to prevent domestic increase in prices while billions of people could possibly starve to death as they were already food insecure.

 

I don't think the average N. American consumer is worried much about the effects of a global food crisis just yet though; the skyrocketing gas price is the primary concern now. Anyone shopping for a hybrid yet?

 

God help this world.

[Thierry.]

One of the reasons for the crises is because some “smart” scientists came up with the idea that wheat can be used as a substitute for non renewable energy. Him/her not knowing the first rule of economics (demand and supply) is ingenious idea has increased the demand of the commodity that is used in most food.

[Jacaylbaro]

NAIROBI, 30 April 2008 (IRIN) - Extensive drought and high inflation in the northern Togdheer region of the self-declared republic of Somaliland have pushed many families, both nomadic and urban, to the brink of starvation, local officials told IRIN.

 

"People are suffering not only from the drought but also from a very high level of inflation, putting food out of the reach of many people," Jama Abdillahi, governor of Togdheer region, told IRIN on 30 April.

 

About 350,000 people live in the Togdheer area.

 

Abdillahi said its residents have "a foot in the rural areas and a foot in the urban areas. In the past, if the situation in the rural areas was bad, urban dwellers would help, but the problem now is both are suffering and cannot help each other," he said.

 

He added that those living in the drought-affected areas had lost most, if not all, of their livestock and had now moved to towns.

 

"Every town in Togdheer is hosting hundreds of families who have left after losing all their animals," said Abdillahi.

 

He said even camels were dying, "a sure sign that things have reached their worst".

 

He said reports of people dying were reaching his office. "Two people are reported to have died in Duruqsi [90km northwest of Burao] and a small girl died in Sharaar [60km northeast]," he said.

 

The governor said Somaliland authorities and the local population had done all they could to help "but we have exhausted our capacity and are no longer able to do much more".

 

He said the situation was desperate, with inadequate pasture and water for remaining livestock and the consequent destitution of many families.

 

He said the remaining livestock was so weak "that the rains may kill what is left".

 

A local journalist in Burao, the regional capital, told IRIN that even if the rains came as expected, it would not do much good to those who had lost everything. "If the rains come now they may do more harm than good," said Sidiq Yusuf.

 

Inflation worries

 

Yusuf said the high inflation in the country was making matters worse.

 

He said there were families who could not eat more than once a day due to the high cost of commodities.

 

Keysi Mahamud, a businessman in Burao, said the price of 50kg of rice had risen to US$40 against $17 a year ago, while a 50kg bag of flour was $39 from $21 in April 2007. He said the price of a 200-litre drum of diesel fuel was $215 from $132 a year ago.

 

He said prices were forcing many people to buy sometimes 50 to 70 percent less than what they would normally buy while inflation was pushing many families close to starvation, he said.

[Abtigiis]

Food crisis in Togdheer? ******taa ka danbaysaaan u maleyn tanna!!

[Khayr]

Originally posted by Malika:

The investors have moved away from stock and bond markets and toward commodities hence the rises in food prices and fuel.

The earth can not keep up with the hoarding of 21st century man - Subhan Allah!

 

These brokerage firms are real wolves! :mad: Profiting from a world crisis - shift your stocks into commodities and resources such as oil and gold.

 

If the system works on demand and supply,

why is the supply suddently LOW this year? What factors come into play i.e. drought, oil prices etc.

 

I know that many of these price hikes are a result of the rising cost of delivery due to increase oil prices and overhead costs.

[Biixi]

Costco was the first company to ration rice sells, after they saw food crises on world news reports of India, Asia and Africa. The US rationing has nothing to do with food supply(there is planty of food including rice) but just simple greed.

 

Bush and company used scare tactics to stay in power, and now corporations are manipulating markets.

[Tuujiye]

IS time to go back to baadiyah and eat Cad iyo Caano.. back to our healthy roots....

 

 

Wareer Badanaa!!!