Mar 28 2008
Posted by Jay as Featured Articles, News Features

If you’re shelling out more money for food these days, don’t be too surprised – You’re not the only one whose pockets are bleeding from high food prices.
From Albania to Zimbabwe – and all countries in between in alphabetical order – consumers are complaining about rising food prices.
In the Philippines, for instance, rice has doubled in prices since last January and threatens to triple in the days ahead. The price tag of practically every edible item is skyrocketing – pork, beef, chicken, vegetables, fish.
The same is true with fuel prices of course. The only thing not rising in the Philippines is perhaps the height of its people, who remain literally stunted by poverty, government mismanagement and corruption.
Analysts are calling the dire global phenomenon a “perfect storm.” They point to freak weather worldwide, dramatic changes in the global economy, including higher oil prices, lower food reserves and growing consumer demands in China and India.
In Egypt, clashes over bread last week killed at least two people. Similar food riots broke out in Burkina Faso and Cameroon this month.
Food protests have spread even to Europe. The price of spaghetti has doubled in Haiti while the cost of miso has taken a major leap in Japan.
Consumers face at least 10 years of more expensive food, according to preliminary projections by the Food and Agriculture Organization of the United Nations. And that’s their most optimistic estimate.
Among the causes of skyrocketing food prices are oil prices, which increase the cost of everything from fertilizers to transport to food processing. Rising demand for meat and dairy in rapidly developing countries such as China and India is also sending up the cost of grain, used for cattle feed, as is the demand for raw materials to make biofuels, authorities said.
What’s quite unusual is that the price increases are hitting all major foods in most countries at once. Food prices rose 4 percent in the U.S. last year, the highest rise since 1990, and are expected to climb as much again this year, according to the U.S. Department of Agriculture.
As of December, 37 countries faced food crises, and 20 had imposed some sort of food-price controls, authorities said.
More and more people are seeing a looming world food disaster. The U.N.’s World Food Program says it’s facing a $500 million shortfall in funding this year to feed 89 million needy people.
Food costs worldwide spiked 23 percent from 2006 to 2007, according to the FAO. Grains went up 42 percent, oils 50 percent and dairy 80 percent.
What I could not understand is, despite the scarcity and skyrocketing prices of food worldwide, many people are still maniacally stuffing their mouths and stomachs with food, food and more food even if their bodies are ballooning like crazy.
How can the fatsos be so cruel to themselves, and to their fellow Earthlings?
I’ve come across an interesting article from Yahoo.com’s Yahoo Green section. With the current escalating trend of the price of oil and gasoline (including their bi-products), the cost of owning a hybrid car is slowly making sense. People before think that gas cars are cheaper than hybrid (gas/electric) cars, and that hybrid will not pay [...]
This post is a continuation of my Cliff’s Notes for Who Moved My Cheese, the book by Spencer Johnson, M.D. (also the Author of The One Minute Manager). Hope you enjoy my annotations of the rest of the principles!
Principle # 5:
Move With the Cheese.
(Change.)
As you spot and adapt to change, you should not only prepare [...]
This is wise living.
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I’ve had my fair share of local and international travels. Everytime I “hit the road” I am always brought to “hit the wall” when the time comes to pack. I just couldn’t fit what I need to bring in a small suitcase. Really! My solution? Have the wife do the packing for me. I tell [...]
While summer can be the fun-filled time of the year IT CAN also be a huge debt trap. Every year, Americans splurge on summer expenses like trips, hotels, summer clothing, gears, and gadgets. Oh and all those have-nots that people just “need” to make summer extra perfect.
Every mall will hand out “special deals” to hook [...]
While summer can be the fun-filled time of the year IT CAN also be a huge debt trap. Every year, Americans splurge on summer expenses like trips, hotels, summer clothing, gears, and gadgets. Oh and all those have-nots that people just “need” to make summer extra perfect.
Every mall will hand out “special deals” to hook [...]


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