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why Bush/ Rice do not c this Maloy Manna wrote: > The main reasons for the global food inflation doesn't have as much to do >with demand side as Bush or Rice suggested. It has more to do with supply side: > 1. Temporary supply-side issues due to drought in Australia > 2. Devaluation of US dollar - driving up oil prices - causing ripple effect >on transportation and other costs > 3. Pressure on food due to bio-fuel diversion, causing decrease in acreage >of other crops as well > > Of course, US, Japan and Europe continue to provide huge subsidies to their >farmers, which has made agriculture unsustainable and inefficient in most >developing and poor countries in Asia and Africa. > > The Food and Agriculture Organization site has a lot of reports, none of >which show the demand side (i.e. demand in India/China) being as much of a >factor as Bush suggests. In fact Business Standard carried this article >stating: > > Data collected by the Food and Agricultural Organisation (FAO) of the > United Nations show that the consumption of cereals (wheat, rice, maize, > corn and so on) is growing far more rapidly in the US than in India or > China. > >http://www.business-standard.com/common/news_article.php?leftnm=lmnu2&subLeft=1&autono=321996 > > > ~Maloy -- Amir'Ali Mackwani c if u like this; response welcome myNoteBook <http://www.google.com/notebook/public/00716003903690146150/BDQeVSwoQ1rWgxroi?hl=en> ---------------------------------------------------------------------------- Everybody gets so much information all day long that they lose their common sense. - Gertrude Stein ---------------------------------------------------------------------------- ------------------------------------------------------------------------------ To join/leave, use the form at: http://www.mumbai-central.com/nukkad/#options This list is archived at: http://www.mumbai-central.com/nukkad/archive.html
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