A Perfect Storm is Heading our Way
by Asinus Asinum Fricat
Thu Apr 17, 2008 at 11:01:38 AM PDT
With food riots about to topple the Haitian government, from Mexico to Pakistan, Egypt to Cameroon, protests have turned violent. Rioters tore through three cities in the West African nation of Burkina Fasom a few weeks ago, burning government buildings and looting stores. Similar protests exploded in Senegal and Mauritania late last year. And Indian protesters burned hundreds of food-ration stores in West Bengal last October, accusing the owners of selling government-subsidized food on the lucrative black market.
Is this a sign of things to come? The answer is yes, because the world's governments have so far turned a blind eye to this crisis. Was this discussed at Davos in any length? Yes, up to a point, as Evelyn Vaughn would surmise, as Indian Trade Minister Kamal Nath warned that prices of some foodstuffs had doubled in his country. So when are we going to set up a food summit, we ask? Referring to the challenge of providing food at affordable prices, he said: "Next year in Davos we'll be discussing this." Next year! Once again, the Gods of procrastination are smiling. In the meantime, let them eat grass.
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