Surely the major problems are the fact that bio-fuels are being planted at a time of surging world demand, especially from China and India? Surely this money should be spent helping Irish farmers stand on their own two feet without trade-distorting grants that cripple third-world agriculture? Are we destroying Third World industry by artificially lowering the costs of food produced in the West and then giving hand-outs of Western produced food when we miraculously find that Third World Agriculture is a crippled and under funded industry because of our policies?
The Minister said: This money will be used by World Food Programme (WFP) to provide food to the hungry poor in Africa and elsewhere."
World food prices have risen by 45 per cent in the last nine months. Food importing countries have seen their financial costs rise by 56 per cent as there are serious global shortages of rice, wheat and maize. The increase in food prices is hitting the hungry the hardest. 162 million people are living on less than $0.50 a day and are least able to cope. More than half the worlds population lives in low-income, food-deficit countries that are unable to produce or import enough food to feed their people.



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