US Offers cash for Food
_POSTED_BY desik   
Friday, 02 May 2008

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In a response to UN General Secretary Ban Ki -Moon's  call for more money from the international community to combat the global criss caused by soaring  food prices President George W Bush has pledged  $770m in international food aid to help ease the effects of runaway food prices that have sparked riots in some countries.

 

The sum offered is just  above the $755m Mr Ban called for to plug a  funding gap for the World Food Program  this year , so its a generous offer, however critics have pointed out that the money wont be available until October when it is actually needed now and that Bush is not really tackling the problem as he has also announced further subsidies and more land to be dedicated to the growing of food and feed crops for biofuel production , a process the UN sees as massively contributing to the global food crisis while the Bush administration merely regards it as a minor contributory factor. Currently, 25%, of corn production in the US is for biofuel production and because of world grain lows, farmers and politicians alike, are hoping the  US midwest is not going to be exposed to drought over the summer.

 

Mr Ban said the world currently faced "widespread hunger, malnutrition and social unrest on an unprecedented scale" because of soaring food prices' but with a rising population and waking China and India  competing with the biofuel industry  to feed better quality food to their new emerging middle classes its very likely that the world will continue to face hunger , malnutrition and social unrest ' on a global scale, only as the norm. 

 

 

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