No simple cause - or easy cure - for rising food prices
Costs are up across the board, and some experts see a 'structural, long-term trend'
By Inter Press Service
Tuesday, April 29, 2008
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The old laws of the marketplace are no longer working. Food prices have been rising for six years because of surging demand, and increased production is not restoring the balance as it used to in the past. In fact, prices have been going up even faster over the last year. The so-called "financialization" of commodities markets - that is. This Article is only available in The Daily Star on-line archive. Containing over 100,000 articles, The Daily Star archive is an excellent information source and research tool for all events in Lebanon and the region since 1997.
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