US Fed To Blame for Global Food Crisis

The stakes couldn't be higher for Ben Bernanke. If the Fed chief decides to lower rates at the end of April, he could be condemning millions of people to an agonizing death by starvation. The situation is that serious; there's no room for error. Food riots have broken out across the globe destabilizing large parts of the developing world. China is experiencing double-digit inflation. Indonesia, Vietnam and India have imposed controls over rice exports. Wheat, corn and soya are at record highs and threatening to go higher still. Commodities are up across the board.-Continue

Rice harvest shortages forecast troubled times ahead