Earth Equity News

U.S. Scrambles to Address International Food Crisis. By Dan Eggen, WashPost, April 26, 2008. "The Bush administration and Congress have been caught flat-footed by rapidly escalating global food prices and are scrambling to respond to a crisis that they increasingly view as a threat to U.S. national security, according to government officials, congressional staffers and human rights experts. The White House released $200 million in emergency wheat stores for developing countries last week... Top Senate Democrats, meanwhile, are pressing the White House to devote more money to emergency food aid -- up from $350 million to $550 million -- as part of a supplemental Iraq war budget package. But administration officials and legislative aides acknowledge that they have only recently begun to focus on the severity of the problem, and humanitarian groups fear that assistance from the United States, which already supplies about half of the world's total food aid, may come too late to provide much benefit in the near term... The escalating prices have sparked riots in more than a dozen nations, from Cameroon to Bangladesh to the Philippines. World Bank President Robert B. Zoellick warns that more than 30 nations are at risk of social unrest from the crisis and that at least 100 million additional people could be pushed into poverty in coming months... The World Food Program, which is the single largest recipient of U.S. food aid, provides a stark example of food-price inflation: On March 3, the group's purchase price for rice in Bangkok was $460 per metric ton; five weeks later, it was $780."