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Latest Economy of Africa Stories

2011-10-11 20:18:06

Governments should target aid towards individual households threatened with poverty because of soaring food costs rather than intervene in the markets to try to lower prices, according to research funded by the Economic and Social Research Council (ESRC). Governments in poorer countries should pay cash benefits directly to poor families instead of interventions such as price subsidies or controls. This type of interference causes distortions of the food markets and does not help the...

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2011-04-07 11:22:02

After unrest in the Arab world and Japan's natural disasters, new increases in food prices are in sight as demand grows and supplies tighten, reports the UN Food and Agriculture Organization (FAO), even as global food prices began moving downward from record highs in March. Food prices became an increasingly urgent topic of discussion in international politics after contributing to protests that are spreading across North Africa and the Middle East and which was a leading factor in regime...

2011-04-07 08:00:00

Consumers Paying More for Food--Experts Cite Fuel, Commodity Prices WACO, Texas, April 7, 2011 /PRNewswire-USNewswire/ -- Consumers could pay 3-4 percent more for food this year, according to the Consumer Price Index (CPI), and experts count a sharp rise in fuel costs as the leading factor. "Especially for fresh agricultural goods, time to market is essential. It's not like you can watch the price of diesel and transport your goods accordingly," said Bruce Bullock, director of the Maguire...


Word of the Day
tessitura
  • The prevailing range of a vocal or instrumental part, within which most of the tones lie.
This word is Italian in origin and comes from the Latin 'textura,' web, structure.