“We are one shock away from a full-blown crisis,” stated Robert Zoellick, the president of the World Bank, at a recent meeting of the bank and the IMF. He was referring to a critical increase in poverty, resulting from the escalating cost of food. The UN‘s food price index has risen 37% since March 2010. Basic cereal prices are up 60% over this period. Wheat is up 63%, and maize 83%.
Read the full story on the Guardian: http://www.guardian.co.uk/environment/2011/may/18/forests-farming-food-land