(Reuters)-Has just reported high food prices are making catching policy makers attention. They are nervous that high food prices could stoke inflation, protectionism and unrest and dent consumer demand. Today unemployment numbers came out slightly lower than expected. Keeping the markets nervous of a possible economic recovery. Making the possibility of consumers to regain confidence a huge obstacle. All of current issues and now Food Prices can contribute to a limited recovery.
The United Nations food agency (FAO) also said on Wednesday that food prices hit a record high last month, moving beyond levels of 2008 when riots broke out in countries in the Middle East, Haiti and many others.
Here is the Reuters news article: (http://www.reuters.com/...)
(Reuters) - Record high food prices are moving to the top of policymaker agendas, driven by fears it could stoke inflation, protectionism and unrest and dent consumer demand in key emerging economies.
The United Nations' food agency (FAO) said on Wednesday that food prices hit a record high last month, above 2008 levels when riots broke out in countries as far afield as Egypt, Cameroon and Haiti.
In Asia, official data and analyst estimates both pointed to inflationary pressures. Chilli prices have increased fivefold in Thailand in the last year and Indonesia's president called for households to plant food in their own gardens.
Video of past food riots below as well:
Trend Prophet Forecasts Food Riots For US by 2012
Gerald Celente foresees food riots, revolution, tax rebellion, squatter uprisings and job marches in the US by 2012.
Worldwide food riots 2
Amy Goodman interviews author Raj Patel on his new book "Stuffed and Starved"
Food riots grip Haiti
TheRealNews
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Spike in cost of staples threatens country's fragile security
Frost over the World-Food riots and Paraguay-19April08-Part4
AlJazeeraEnglish,
Josette Sheeran is the head of the UN World Food Programme, the body set up to combat world poverty.
She explains the reasons for the current food crisis and what the international community can do to help.
Also, Sir David is joined by Maria Emma Mejia, former Colombian foreign minister and the head of the Organisation of American States' mission to supervise the electoral process in Paraguay.