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UN agency reports that the financial crisis affecting countries around the globe will affect global food prices. The financial crisis hasn’t just hit Wall Street and Real Estate sectors around the globe, it is also affecting agriculture and food production. The report states that there is a real risk that the financial crisis could affect the number of hungry. It goes without saying that those most affected will be the ones living in third-world countries where a surge in food prices won’t be as easy to manage. A teacher in South Africa earning $10 per month will have to think twice about buying milk that costs $2.

(C) Photo: galant

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Author: GlobalCrisisNews.com (272 Articles)

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