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Monday, March 24, 2008 

Not everyone is blessed with enough food

and the market fluctuations in food pricing and the rise in the price of oil has some dire consequences.

Aid organizations around the world face budget shortfalls because of a rise in global food prices. The Rome-based World Food Program will have to reduce food shipments to disaster-hit places such as Darfur unless it can close a $500 million deficit.

Food prices have soared 55% since June alone, according to the WFP. The higher costs have resulted from rising oil prices, the use of crops for biofuels and skyrocketing demand for food in developing economies such as China and India.

The amount of food aid delivered abroad by the U.S. government has fallen 43% from 2002-07, according to a report by the Government Accountability Office. - USAToday

...The warning comes as Egypt mobilises its army to bake more bread and overcome severe shortages that have led to disturbances in long queues forming outside bakeries. Four people have died in clashes amid claims that subsidised flour has been sold off for profit on the black market. - The Guardian

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