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Thread: The world faces food shortage and inflation pressure!
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[quote=ZOEY,280977]According to FAO, the food prices have kept surging, which increased 57 percent in March compared with the same period last year. Since 2006, the food prices have increased 48 percent. On other hand, the surging commodity prices will arouse a new round of inflationary pressure and a global economic downturn. Some analysts estimate that the soaring food prices will last for a long time and the period of low food prices has been over. So far, the prices of food, crude oil and edible oil have all surged. What will the be next? How will people survive in the period of surging prices?[/quote]
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