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Wed, 2012-09-26 18:11 — Maeryn Obley
Image: Farmer with corn.
submitted by Robert G. Ross
stanleyfoundation.org - September 2012
Spikes in the price of staple food commodities are pushing the issue of food security higher on the G-20 agenda. The Mexican finance ministry confirmed that the topic will be prominent for the next meeting of deputy finance ministers and central banks on September 23–24. The officials are mindful of the 2008 global crisis that sparked food riots in some 30 different countries, as well as the G-20’s own commitments to tackle price volatility. Prices rose by an alarming 10 percent earlier this summer, though the most recent reports have shown them stabilizing.
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