pull! push! Adventures in Internet land :-)

pull! push! Adventures in Internet land :-)

Saturday, November 3, 2007

And In Other News...

Alarm is growing about rising food prices

"“THE world’s most vulnerable who spend 60% of their income on food have been priced out of the food market,” is the alarming warning from Josette Sheeran, head of the United Nations’ World Food Programme (WFP). As the price of wheat, maize, corn and other commodities that make up the world’s basic foodstuffs is soaring the poorest people in the poorest countries are the hardest hit." [via Economist.com]

Super-spiked. The oil price should fall-eventually

"BACK in 2005, in an apparent flight of fancy, analysts at Goldman Sachs predicted a “super-spike” in the oil price to $105 a barrel. On Wednesday October 31st, the prediction came as close as it ever has to fulfilment, when the price of West Texas Intermediate reached $94.74 during the New York day and breached $96 after hours." [via Economist.com]

Labels: economics, food, health, life, World

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: Name: Amit Uttamchandani; Location: Barbados

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