Tuesday, April 29, 2008

EU warns of end to cheap food and looming global crisis

EU development commissioner Louis Michel has warned that the days of "cheap food are over" and that the world faces a major food crisis unless there is a global response to higher prices.
Speaking during the European Parliament debate on food prices in Strasbourg earlier this week, Michel said that there was a global crisis brewing.

"It might be less visible than the energy crisis but it could have devastating economic and humanitarian effects, especially in Africa," Michel said.