The talks in Caracas, Venezuela, mark the beginning of a week of meetings on the issue, leading up to a three-day UN food crisis summit in Rome on Tuesday. According to the World Bank, global food prices have risen by 83% over the past three years. The lender has announced a package of food grants totaling $1.2bn.
An influential report on Thursday warned that higher food prices might be here to stay as demand from developing countries and production costs rose. Prices would fall, but only gradually, the report by the UN’s Food and Agriculture Organization and the Organization for Economic Co-operation and Development (OECD) said.
They are missing the point once more; there is NO TIME FOR TALK! People are starving to death!