Get Out of Dodge!

From Reuters

Vietnam took action to quell panic over rice supplies on Monday, banning speculation in the market after a “chaotic” buying binge highlighted growing global fears about food security.

The move by the world’s second-biggest rice exporter came as protests continued in some states in Africa over soaring costs for food and fuel which aid experts say threaten to push 100 million people worldwide into hunger.

Queues and empty shelves were still evident on Monday in Vietnam, which joined other nations in feeling the impact of a nearly threefold rise in rice prices this year.

This entry was posted on Monday, April 28th, 2008 at 11:43 am and is filed under Agriculture. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.