Food prices are now higher than their 2008 peak

New York Times

Unless America stands strong, expect more riots, food rotting in storage and agricultural export bans.

Food prices are soaring to record levels, threatening many developing countries with mass hunger and political instability. Finance ministers of the Group of 20 leading economies discussed the problem at a meeting in Paris last week, but for all of their expressed concern, most are already breaking their promises to help.

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