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Saturday, February 19, 2011

Hello? Hellloooo? Helllllooooooooooo!?


Fuckingaskippychristonapogostick, are the French the only ones connecting the protests and revolutions to the soaring costs of FOOD? Well whataya know, the head of the World Bank gets it. Read the wiki page linked, of course he gets it!

Rising food prices nearing danger point: World Bank
By Agence France-Presse
Saturday, February 19th, 2011 -- 6:19 pm

"...Soaring food, fuel and other basic costs have been one of the key factors driving political unrest across the Middle East and North Africa which has forced the ouster of long-standing autocratic rulers in Egypt and Tunisia..."

Thousands protest in Bolivia over food prices
(AFP) – 1 day ago

Price protests erupt across Algeria
Unrest spreads from capital to several towns as youths protest over rising costs and increasing unemployment.
Last Modified: 07 Jan 2011 10:15 GMT

"Static state salaries and inflation, particularly with respect to prices for food and key staples, have hit ordinary Libyans hard in the last two years,"
Fourteen people were killed this weekend in the deadliest incidents yet in an unprecedented wave of protests in Tunisia sparked by high food prices and unemployment,


Arab and Middle East revolt - an interactive map
Trace the current spate of protests from Morocco to Iran ...

Global wheat production will probably drop 4.3 percent to 653 million metric tons in 2010-2011 from the previous year, while demand may expand 1.2 percent to 667 million tons,...

<>Wheat reached $9.1675 a bushel on the Chicago Board of Trade on Feb. 14, the highest price since August 2008 for a most-active contract, and has surged 76 percent the past year. That compares with an 88 percent gain for corn and a 47 percent increase for soybeansI hope you bitches who are dating speculators and traders got diamonds for Valentines day because your hos made bank that day.

How the fuck do you figure an effective 8% loss in production merits a 76% increase in price?
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