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Latest Economy of Africa Stories

2008-07-10 03:00:23

ROME - Even with bigger crops, soaring food prices that have sparked unrest across the globe are likely to persist, threatening millions of people worldwide, a U.N. agency said Friday. Prices of bread, rice, milk, cooking oil and other basic foodstuffs have sharply increased in the past months in many developing countries, according to a report by the Rome-based Food and Agriculture Organization. Prices of wheat and rice have doubled compared to last year, while those of corn are more...

2008-07-09 00:00:22

STREET vendors selling fruit and vegetables should get priority over fast food stands for pitches in towns and cities to encourage people to eat their five-a-day portions, the Government says. Councils are being urged to give stalls selling healthy food first option on existing pitches and should consider setting up new sites to catch commuters to cut the 70,000 UK deaths blamed on poor diets each year. The idea is based on a New York scheme, where specially-branded "Green Carts" are...

2008-07-08 15:00:00

COOKING with Prudence. Not the title of the latest recipe book to hit the shelves but the message yesterday from Gordon Brown to Britons, each of whom wastes on average GBP420 worth of food each year. That creates an annual food mountain weighing 4.1m tonnes. Taking greater care with the food we buy, so that we use it before we waste it, was one of the Prime Minister's themes as he left for the G8 summit in Japan. But prudence should be exercised not only in the kitchen. Mr Brown urged people...

2008-07-08 09:00:46

The Group of Eight nations Tuesday urged that food export restrictions be removed and open and efficient agricultural and foot markets be supported. Export restrictions prolong and aggravate the current global food crisis, the nations said in a statement, and hinder humanitarian purchases of food commodities. G8 countries -- Canada, France, Germany, Italy, Japan, Russia, Britain and the United States -- also repeated their promotion of developing the development of open and efficient...

2008-07-08 09:00:46

By DOMINIC LAWSON Yes, I too was one of those told as a child to "think of the starving people in India" and eat up all the food left on my plate. Any retort on my part, such as that the starving people in India were welcome to it, was not always appreciated. Partly for this reason, I haven't tried a similar form of moral blackmail with my own children; and besides, there are no longer any famines in India, which is now a net exporter of food. On the other hand, it is undeniably the...

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2008-07-07 16:30:56

A new report says that Britain is set to launch a campaign to battle food waste in order to halt the increase of food prices across the globe. The Cabinet Office report calls for a reduction in food waste, adding that up to 40 percent of groceries can be lost before they are consumed due to poor processing, storage and transport. Households in the UK could see an average savings of £420 ($830) per year by not throwing away 4.1 million tons of food that could have been eaten, according...

2008-07-07 00:00:18

Research and Markets (http://www.researchandmarkets.com/research/d40df4/living_in_a_materi) has announced the addition of the "Living in a Material World: The Commodity Connection" report to their offering. At a time when the world is grappling with rising food and energy prices and climate change, Living in a Material World provides an insight into some of the contributing factors behind these challenges. The emergence of new consumers in China, India, Russia and the Middle East has...

2008-07-06 18:00:23

By James Mayse, Messenger-Inquirer, Owensboro, Ky. Jul. 6--INCLEMENT WEATHER WORLDWIDE -- including recent flooding in the Midwest and a cyclone that struck southeast Asia earlier this year -- is causing sticker shock at U.S. groceries, as people experience rising prices for milk to bread and vegetable oils. But high food prices are caused by more than just a recent spate of bad weather. And that means the increases are more than just a temporary spike. Instead, the University of...

2008-07-03 18:00:26

G-8 Eager to Tackle Food Crisis at Toyako Summit Tokyo, July 3 (Jiji Press)--Japan, chair of this year's Group of Eight summit, has added the global food crisis to the meeting's agenda, hoping that the G-8 countries will send what Prime Minister Yasuo Fukuda calls "a strong message" to the world on ways to tackle the problem. This will not be an easy task to accomplish, however, as indicated by the recent failure of a U.N.-sponsored food summit in Rome due to disagreements about such...

2008-07-03 12:00:41

By The Yomiuri Shimbun Jul. 1--TOKYO -- The upcoming Group of Eight summit meeting will urge several countries, including some developing nations, that have restricted farm product exports to exercise voluntary restraint in doing so, government sources said Tuesday. The request will be made in the form of a special document about the ongoing food crisis to be issued during the summit. The document, which the G-8 major nations are set to adopt at the annual gathering, to take...


Word of the Day
bibliopole
  • A bookseller; now, especially, a dealer in rare and curious books.
This word comes from a Greek phrase meaning 'book seller.'
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