Categorized | Uncategorized

Hundreds of Thousands Will Starve, IMF Says

Hundreds of thousands of people will be starving” soon, the International Monetary Fund says.  Government officials and food relief agencies quoted in the story cite growing “biofuel production” as a key reason.  Ethanol subsidies and mandates are causing farmers to shift from producing food to producing ethanol.   As a result, food riots have taken place across the world, in Mexico, Egypt, Pakistan, Indonesia, Haiti, El Salvador, Ivory Coast, and other countries.



This Post has 2 Responses


Trackbacks/Pingbacks

  1. [...] Ethiopia, Indonesia, Mauritania, Madagascar and the Philippines in the past month“ (and in Pakistan and Mexico, [...]

  2. [...] wrote about the unsavory politics that led to this crisis, the rioting it has caused, and the starvation that countless people across the globe face as a result.  Finance ministers and central bankers [...]

  • Popular
  • Most Comments
  • Most Emails

About

OpenMarket.org is the blog of the Competitive Enterprise Institute. We believe that people improve their lives not through government regulation, but by making their own choices in a free marketplace. More››

Support Liberty


Give $5 each month to support our efforts to restore America's liberty.

Social Web