Hundreds of Thousands Will Starve, IMF Says
Posted by Hans Bader
“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.
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