The 2007-08 Global Food Crisis was replaced by a new 2010-11 Global Food Crisis. FSG has and will be monitoring the world press on developments on this.
Food prices in America soared at their fastest rate since the 1970s last month, a sharp reminder of the pressures facing the majority of consumers in the US.
Food will become much more expensive in the next decade thanks to a burgeoning middle class around the world, according to a new consumer report from Deloitte Touche Tohmatsu.
You wouldn’t know it in the countries where most meeting professionals live and work, but much of the world has been in the grip of record-high food prices that have set off a crisis across the developing world and food riots in 30 countries.
Surging global prices of basic foodstuffs is raising the risk of another food crisis like the one that hit developing countries in 2007-2008, the head of the UN’s Food and Agriculture Organization said on Monday.