The head of the world's biggest food company Nestle said on Friday that rising food prices have created conditions "similar" to 2008 when hunger riots took place in many countries.
Global food prices fell sharply last month as production increased in key crop producing regions, but economic turmoil is expected to hit the poor in developing countries, the UN food agency said on Thursday.
ROME (AFP) – World food prices fell for the first time in eight months in March after record highs largely due to oil prices, though the situation remains volatile, the UN's food agency said on Thursday.
WASHINGTON – Rising food prices have pushed about 44 million people into poverty in developing countries since last June, the World Bank warned Tuesday.
