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Keyword: foodshortages

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  • Washington's UN envoy urges action on Venezuela crisis

    06/27/2017 8:18:40 PM PDT · by Rabin · 24 replies
    US Ambassador Nikki Haley has called for international action to address the crisis in Venezuela, after a US-backed proposal for regional mediation failed to win support at the Organization of American States. (The US-backed proposal failed to overcome opposition from the 14 similar national jurisdictions that benefit from turmoil and discounted Venezuelan oil.) "The tragic situation in Venezuela calls out for action. The Venezuelan people are starving while their government tramples their democracy". //Snipp// The Judiciary has sold out and military command is wavering as the country, pummeled by the plunge in oil prices and the Hugo Chávez, legacy of...
  • Venezuelans are storming supermarkets and attacking trucks as food supplies dwindle

    06/29/2016 5:13:29 AM PDT · by Olog-hai · 61 replies
    Washington Post ^ | June 28, 2016 at 12:31 PM | Joshua Partlow and Mariana Zuñiga
    In the darkness the warehouse looks like any other, a metal-roofed hangar next to a clattering overpass, with homeless people sleeping nearby in the shadows. But inside, workers quietly unload black plastic crates filled with merchandise so valuable that mobs have looted delivery vehicles, shot up the windshields of trucks and hurled a rock into one driver’s eye. Soldiers and police milling around the loading depots give this neighborhood the feel of a military garrison. […] The fight for food has begun in Venezuela. On any day, in cities across this increasingly desperate nation, crowds form to sack supermarkets. Protesters...
  • The North Korean government is getting weaker and more vulnerable. That should scare you.

    08/08/2015 8:36:52 AM PDT · by TigerLikesRooster · 15 replies
    Washington Post ^ | August 4, 2015 | Samuel Ramani
    The North Korean government is getting weaker and more vulnerable. That should scare you. By Samuel Ramani August 4 On July 11, 2015, North Korea announced during a summit with Laos’s military delegation that it had appointed a new defense chief, General Pak Yong-Sik. This appointment indirectly confirmed the South Korean Intelligence Service’s allegations that North Korea had executed General Yong-Sik’s predecessor, by close range anti-aircraft gunfire. If this is true, it’s the latest in a long string of executions. According to the South Korean foreign ministry, Kim Jong-Un has executed 70 government officials since he took power in late...
  • Socialism Works: Venezuela Out of Food, Doctors Make $15 a Month and There's No Beer

    07/30/2015 8:54:47 AM PDT · by SeekAndFind · 90 replies
    Frontpage Mag ^ | 07/30/2015 | Daniel Greenfield
    Venezuela used to have oil literally coming out of the ground. Then the Socialists took over and under Hugo Chavez made it a model for the world... to run away from. Here's what's going on in Venezuela now. Universal Health Care - Venezuela's widely praised government health care system is doing great. Doctors are being paid $15 a month In some hospitals, they had less than a third of the medical supplies they require. Almost every patient told me they had to buy at least some of their drugs on the street. Oncologists said that people who were diagnosed...
  • Venezuela to install finger scanners to tackle shortages

    03/08/2015 2:24:16 PM PDT · by 9thLife · 49 replies
    Y! via Associated Propaganda ^ | 21 (or 22?) hours ago (3/7/15) | Associated Press By HANNAH DREIR
    CARACAS, Venezuela (AP) — Venezuela will begin installing some 20,000 fingerprint scanners at supermarkets nationwide in a bid to stamp out hoarding and panic buying, which the government blames for long lines and widespread shortages of basic goods. ... On Saturday, President Nicolas Maduro said that seven large private retail chains had voluntarily agreed to install the scanners. "I ask for the the comprehension of all of Venezuela, to understand this problem, because there is a lot of manipulation taking place," Maduro said at the inauguration of a state-run supermarket. Economists say the effort is bound to fail. They blame...
  • Venezuela leader orders takeover of supermarket chain

    02/07/2015 11:33:52 AM PST · by grundle · 21 replies
    yahoo.com/AFP ^ | February 6, 2015
    Caracas (AFP) - Venezuelan President Nicolas Maduro on Friday ordered the government takeover of a private supermarket chain, accusing the company of food hoarding amid huge lines and shortages in the crisis-hit country. Related Stories Venezuela to incorporate occupied grocery into state system Associated Press Venezuela Seizes Supermarket Chain Stores The Wall Street Journal Venezuela begins occupation of private supermarket chain Associated Press Venezuela president says seeking financing to offset oil fall Reuters Venezuela authorities probe drug store chain amid shortages Associated Press Maduro did not say whether the move amounted to an expropriation, but he said the government's PDVAL...
  • I Am Not Making This Up; Venezuela Bans Queues To Beat Product Shortages

    01/15/2015 9:32:21 AM PST · by Oldeconomybuyer · 40 replies
    Forbes ^ | January 15, 2015 | by Tim Worstall
    There are times when a little piece of news comes in from some far flung corner of the world and it’s necessary to wonder whether one should laugh or cry about it all. So it is with this remarkable story from Venezuela. The wonders of Bolivarian Socialism are so great that governors in some parts of the country have decided to ban queuing. No, really, I promise you that I am not making this up. Here’s the news about the queuing: Governors in three Venezuelan states have banned overnight queuing amid huge and sometimes rowdy lines around shops across the...
  • FOOD SHORTAGE COMING AS FARMERS STRUGGLE

    01/18/2010 8:10:50 PM PST · by Comrade Brother Abu Bubba · 124 replies · 1,717+ views
    Moneynews ^ | January 18, 2010 | Dan Weil
    Legendary investor Jim Rogers remains bullish on commodities and says the world will soon face food shortages. "The fundamentals (for agriculture) have gotten better," he says. "The inventories are now at the lowest they've been in decades, not in years.” And that trend is just intensifying, Rogers tells CNBC. “ Things are getting worse. Many farmers can’t get loans to buy fertilizer now, even though we have big shortages developing " And what will be the end result of this dynamic? "Sometime in the next few years we're going to have very serious shortages of food everywhere in the world,...
  • Prisons are running out of food

    06/06/2012 8:03:57 PM PDT · by Kartographer · 19 replies
    protothema.gr ^ | 5/29/12
    At A Time When The Entire country is Being Tested by Economic Crisis The, Some People are quite literally on the verge of destitution and hunger. At A Time When The empty State coffers CAN Not Support Any concept of Welfare State A, With "Frozen" Towards financing education and Health, The Prison System Could Not an Exception BE. The financing for Many Prisons HAS A decreased to minimum for Some Months now, resulting in hundreds of detainees Being malnourished and Surviving on The Charity of Local Communities. The Latest example is The Prison Where in Corinth after stoppage from The...
  • Food shortages high prices and riots

    10/13/2011 10:39:48 AM PDT · by Kartographer · 33 replies
    Survival Boards ^ | 10/12/11 | Kevin
    Remember hearing something about a drought across parts of the US this year? If you buy anything with peanuts, you’re about to see the effects of a low harvest caused by the drought. Get ready for some high food prices, they are on their way. Normally I do not subscribe to the doom-and-gloom predictions, but I am seeing it first hand. Drought Farmers here in Texas are losing crops, and having to sell their cattle because grass is not growing. Texas and Louisiana agreed to allow wide loads of hay to be transported between the 2 states. Here in Jasper...
  • Peanut shortage sends peanut butter prices soaring

    10/11/2011 5:55:11 AM PDT · by EBH · 25 replies
    kansaacity.com ^ | 10/11/11 | JESSICA NAUDZIUNAS
    “Nobody on the supply chain can absorb that sort of price increase,” said peanut broker Richard Barnhill in Albany, Ga. “So the manufacturer will have to pay more for the peanuts, and they’ll have to pass that on in their wholesale prices to the retailers, and the retailers will have to pass that on to the consumers — squarely in the marketplace late this fall, or by January for sure.” Some of the early signs: Smucker plans to discontinue its less popular lines of Jif peanut butter to free up product for some of its better-selling mainstays, such as Creamy...
  • Food and failed Arab states

    02/01/2011 8:29:56 AM PST · by ventanax5 · 17 replies
    Asia times ^ | Spengler
    Even Islamists have to eat. It is unclear whether President Hosni Mubarak of Egypt will survive, or whether his nationalist regime will be replaced by an Islamist, democratic, or authoritarian state. What is certain is that it will be a failed state. Amid the speculation about the shape of Arab politics to come, a handful of observers, for example economist Nourel Roubini, have pointed to the obvious: Wheat prices have almost doubled in the past year. Egypt is the world's largest wheat importer, beholden to foreign providers for nearly half its total food consumption. Half of Egyptians live on less...
  • Hidden Inflation: Food Prices Flying Under the Fed's Radar

    01/28/2011 1:14:42 PM PST · by FromLori · 52 replies
    Money Morning ^ | 1/28/2011 | JASON SIMPKINS
    Soaring food prices have been, perhaps, the most pressing global issue of the past two years – yet the U.S. Federal Reserve has taken a "hear no evil, see no evil, speak no evil" approach to the global crisis. Instead, the Fed has dutifully maintained its focus on so called "core inflation" in the United States – even as Americans suffer the consequences of the "hidden inflation" the government refuses to account for. The Federal Reserve excludes food and fuel prices from its preferred gauge of inflation because they are often influenced by erratic weather patterns and political turmoil. That...
  • Food-Price Rise Puts Focus on Speculators (Blame Game--Price Controls Coming?)

    01/26/2011 7:14:34 AM PST · by SoFloFreeper · 19 replies
    Wall Street Journal ^ | 1/26/11 | SAMEER MOHINDRU
    The run-up in global commodity prices is stirring debate in a number of countries over the role of financial speculators, a prospect that could fuel a regulatory backlash by governments keen to control food prices.
  • Food Riots: Is Bernanke Partially to Blame?

    01/30/2011 2:57:50 PM PST · by Hojczyk · 44 replies
    CNBC ^ | January 28,2011 | Larry Kudlow
    <p>As we know, massive popular unrest has broken out against autocratic governments in North Africa and the Arab world. Egypt is the biggest story. But to varying degrees, the people have taken to the streets in Algeria, Jordan, Libya, Morocco, and Yemen.</p>
  • Egypt and Tunisia usher in the new era of global food revolutions

    01/30/2011 5:46:15 PM PST · by RC one · 5 replies
    the Telegraph ^ | 7:30PM GMT 30 Jan 2011 | Ambrose Evans-Pritchard
    Political risk has returned with a vengeance. The first food revolutions of our Malthusian era have exposed the weak grip of authoritarian regimes in poor countries that import grain, whether in North Africa today or parts of Asia tomorrow.If you insist on joining the emerging market party at this stage of the agflation blow-off, avoid countries with an accelerating gap between rich and poor. Cairo’s EGX stock index has dropped 20pc in nine trading sessions. Events have moved briskly since a Tunisian fruit vendor with a handcart set fire to himself six weeks ago, and in doing so lit the...
  • Egyptians Stock Up on Food, Water as Protests Rage

    01/31/2011 5:00:08 AM PST · by Kartographer · 18 replies
    AP/AOLNews ^ | 1/31/11 | Ryan Lucas
    After 24 years in Canada, Rafik and Leila Baladi moved back to Cairo two weeks ago to settle down. Now, like many other residents of the Egyptian capital, they're stocking up on bottled water and essential foodstuffs as chaos engulfs this sprawling city of some 18 million. "We just don't know what is going to happen," said Leila, who along with her husband was pushing a shopping cart loaded with frozen chicken breasts, fava beans, milk and other items at a grocery store in central Cairo. "People are terrified to death." Everyday life in Cairo has been turned upside down...
  • Authoritarian governments start stockpiling food to fight public anger

    02/01/2011 3:47:53 AM PST · by Daisyjane69 · 11 replies
    The Telegraph (UK) ^ | 2/1/11 | Ben Farmer
    Commodities traders have warned they are seeing the first signs of panic buying from states concerned about the political implications of rising prices for staple crops. However, the tactic risks simply further pushing up prices, analysts have warned, pushing a spiral of food inflation. Governments in Asia, the Middle East and North Africa have recently made large food purchases on the open market in the wake of unrest in Tunisia which deposed president Zine al-Abidine Ben Ali. Resentment at food shortages and high prices, as well as repression and corruption, drove the popular uprising which swept away his government. Youths...
  • An era of cheap food may be drawing to a close

    01/31/2011 5:00:40 AM PST · by NRG1973 · 67 replies
    Reuters via MSNBC ^ | January 31, 2010 | KT Arasu
    U.S. grain prices should stay unrelentingly high this year, according to a Reuters poll, the latest sign that the era of cheap food has come to an end. U.S. corn, soybeans and wheat prices -- which surged by as much has 50 percent last year and hit their highest levels since mid-2008 -- will dip by at most 5 percent by the end of 2011, according to the poll of 16 analysts. The forecasts suggest no quick relief for nations bedeviled by record high food costs that have stoked civil unrest. It means any extreme weather event in a grains-producing...
  • Egypt and Tunisia usher in the new era of global food revolutions

    01/30/2011 4:47:12 PM PST · by DeaconBenjamin · 26 replies
    Telegraph (UK) ^ | 7:30PM GMT 30 Jan 2011 | By Ambrose Evans-Pritchard
    Events have moved briskly since a Tunisian fruit vendor set fire to himself six weeks ago, and thereby lit the fuse that has detonated Egypt and threatens to topple the political order of the Maghreb, Yemen, and beyond. As Al-Jazeera broadcasts authority crumbling in the cultural and political capital of the Arab world, exhilaration can turn quickly to foreboding. Whatever the aspirations of those on the streets of Cairo, such uprisings are easy prey for tight-knit organizations – known in the revolutionary lexicon as Leninist vanguard parties. In Egypt this means the Muslim Brotherhood. The Brotherhood is a different kettle...