Latest Economy of Africa Stories

2008-06-24 12:02:48

After the prices of wheat and eggs soared during the past year, supermarket shoppers now find they're spending an extra quarter for each pound of pasta. Four sticks of margarine cost an extra 60%. Even the cold glass at the frozen food section has become foreboding: Ice cream is up nearly 6%.

2008-06-24 02:30:19

China expects a bumper summer grain harvest of 120 million tons, the fifth consecutive year of such record output, despite major natural disasters. The output will be 2.5 million tons more than last year, Chinese Agriculture Minister Sun Zhengcai said, Xinhua reported.

2008-06-24 02:30:01

Dispatches: The Truth About Food Prices C4, 8pm THE price of basic foodstuffs is increasing dramatically and the surging costs are being felt by consumers who are seeing their highest food bills for years. Only last week Ginger Nuts broke the pound a packet mark.

2008-06-24 02:29:30

By Jim Carroll, Erie Times-News, Pa. Jun. 22--If John Weber watches meat prices more closely than the average shopper, it's because he might order as much as 8,000 pounds of beef and 6,000 pounds of pork a day.

2008-06-23 03:00:19

By Lovell, Angela The world now eats more food than it produces. Which means there are some new realities that Manitoba farmers, as participants in a global marketplace, must face. Wheat is still by far the staple crop of the prairies.

2008-06-22 03:00:17

INES INDART, Argentina _ For farmers such as Boris Pisacco in Argentina's vast, fertile plains, the past five years have been boom times as prices for soybeans, wheat and other grains have skyrocketed.

2008-06-20 15:00:23

By MJ ANDERSEN MY NEIGHBOR called to say that she was through with tomatoes. Had I seen the paper? The city was raising water rates.

2008-06-20 12:00:30

By Michael E. Kanell, The Atlanta Journal-Constitution Jun. 19--In Alpharetta, fish come off the truck at the Whole Foods distribution center and the company's regional seafood buyer, John Bowler, worries that he won't be able to charge shoppers enough to make a profit.

2008-06-20 06:00:27

By Lindsay McIntosh; Brian Ferguson GLOBAL food prices will continue to soar for the next two years, producers and analysts warned yesterday, as the Scottish Government launched an inquiry into improving affordability.

2008-06-20 06:00:27

Text of report by respected Mexican business newspaper El Financiero website on 19 June [Report by Eduardo Ortega: Prices of Over 20 Products Frozen] With the aim of alleviating the effects of the world food crisis, the members of the Confederation of Industrial Associations (Concamin) reached an agreement with President Felipe Calderon to freeze the prices of over 20 products (in 150 presentations of 34 brand names).

Word of the Day
  • Small missiles, especially grape, canister, fragments of iron, and the like, when fired, as upon an enemy at close quarters.
  • To fire mitraille at.
The word 'mitraille' comes from the Old French 'mitaille', meaning 'small coins', sometimes used to mean 'scrap iron'.