Hundreds of Thousands Will Starve, IMF Says

by Hans Bader on April 13, 2008 · 2 comments

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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