Staving off Famine
How to solve the global food crisis By Kaushik Basu Professor of economics, Cornell University Even small price rises can hit the poor hard The world economy has many problems but none more pressing than what is happening to food prices. There have been food riots in...
Soaring food prices around the world
Morning Edition, April 11, 2008 · Demand for ethanol and other biofuels is a “significant contributor” to soaring food prices around the world, World Bank President Robert Zoellick says. Droughts, financial market speculators and increased demand for food have also helped create “a...
Dollar slides to fresh euro low
Monday, 17 March 2008 Analysts fear that banks beyond Bear Stearns may be hard hit The dollar has fallen to a new record low against the euro, amid continued fears over the state of the US economy and worsening credit conditions. The US Federal Reserve has cut a key lending rate, but the move...
Dollar tumbles to record lows, recession risks mount
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