Wednesday, July 16, 2008

World Food Crisis Due To Increase in Oil Prices


During the June 3-5 Conference regarding the World Food Security of the United Nations’ Food and Agricultural Organization which was held in Rome, FAO Director Jacques Diouf announced that the sudden inflation in the prices of food prices was affecting every single country in the world. This problem not only manifests itself through the countless riots and deaths but also in the toppling of a government which happened in Haiti and of course, it is common knowledge that a country can be tilted from one way to another depending on the satisfaction or dissatisfaction of its population.

Diouf also expressed his growing concerns towards governments and ruling elitists internationally over the potential revolutionary implications of the upward spirals of prices for basic food needs because of the increase in oil prices. It has already started a economic and social crisis which is felt worldwide. Demonstrations have been more and more rampant in the recent months many of which are speaking out against the rising food and oil prices.

More and more consumers are no longer able to afford the world market prices for these basic commodities and their national government are compelled to take measures in order to avoid famine and revolt amongst its people. These measures might offer resolutions to some local problems but they also increase difficulties elsewhere. Perhaps the most devastating price increase besides that of the gas prices is the price for basic food grains. These foods are non-perishable and are widely traded. They also make up a third or more of an average person’s caloric intake, especially in poor countries.

Vietnam, China, India and Egypt have all announced rice export bans or restrictions back in April 2008. These bans left Thailand as the largest exporter thus far. Thai exporters can opt to raise their prices further if Indonesia and Iran, who have been waiting for prices to fall, begin buying rice. China, who is also a major producer and traditional exporter, also face high demands for animal feed as well as for ethanol and corn syrup plants.

South Korean journalists recently reported a rare street protest in North Korea which happened in March 2008. The protest is speaking out against a 60% reduction in the rations distributed throughout the state as well as the execution of three North Korean residents who illegally went over the border into China in search for food. Obviously, the high food and oil prices are getting to everyone.

In the Middle East, continuously skyrocketing food prices have cause a number of pro-longed political as well as social conflicts into the open. Yemen was shook by tumultuous riots wherein the government had to deploy tanks against the protestors who were demanding jobs as well as salary raises to help them cope with the increase in food and gas prices.

In a world where not everyone is well-off changes such as increases in gas prices act like a domino effect. Affecting each and every one in different ways and even though changes have been made and certain measures have been undertaken, many are still suffering from its effects. It really makes one wonder how the world would cope if these inflations continue further and people don’t start doing anything to prevent it.

David Jackson is an Internet Marketer and a driver concerned with the current rising gas prices around the World. So with all the essential information and powerful tools needed to help you lower your gas bill in running your car at the maximum fuel economy , can be found at Hydrogen Fuel Cells
http://hydrogencarfuel.blogspot.com/

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2 comments:

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