login
Become a member
Quick Registration
Full Registration Benefits -
Free Homepages for Doctors
Free Homepages for Hospitals
Free Homepages for Medical Conference
Free Homepages for NGO's
Personal Health Record Creation
Access to all Medical Slides
Access to all Jobs & Products Sale
India Blames World Bank, IMF for Food and Fuel Crisis
"This consumption trend has existed for more than a decade," said Nirupam Sen, India's Ambassador to UN. Thus rejecting the contention that rising consumption in developing nations was responsible for the soaring prices.
Sen held weakening dollar and diversion of grains for production of bio-fuels among the major causes leading to the present financial crisis while addressing a special meeting of the United Nations Economic and Social Council to consider the issue of rising food prices.
He criticized the policies followed by the Bretton Woods Institutions (BWI) and their advice to countries to shift from food crops for domestic population to cash crops for exports.
The issue was sparked off after the US and EU said that growth in India and China has led to rise in consumption level and shortage.
"They seem to feel that subsidies are good for the rich but bad for the poor," Sen said, adding that such policies had "predictable negative impact" on food production.
According to Sen, the initial conjunction of lower food prices and high oil prices led to sale of grain to energy producers for conversion into bio-fuels.
"It is this structural consequence that is disturbing and complicates policy," he added.
|
|
|
More News on: Why Do We Eat - Nutrition Facts, Diet Lifestyle and Heart Disease, Hunger Fullness and Weight Control, Label Lingo on Food Items: Decoded
 Comment & Contribute
|
|
guest
05/26/2008
Global warming is not the problem, many parts of the science are fake. Is that why the ice caps on mare are receding, because of our SUV's. We don't need to consume fossil fuels and we don't need to grow fuels.We have had the technology to solve all the problems for over 100 years. Do some research, Tesla, Stan Myres, Xogen. We will defeat the NWO and their illusion.
Reply |
Forward
guest
05/22/2008
|
Medwonders Health Network
- Health News Index
- News Quick Links
 | News Central | | Health Watch | |
| Latest Health News | | Health In Focus | |
| News Category (500+) | | Breaking Health News | |
| Popular News | | Celebrating Life | |
| Health News and Press Release | | Medindia - Exclusive | |
| News Photo Gallery | | India Special | |
| News Video Gallery | | Lifestyle and Wellness | |
| News From Other Resources | |||
| News Categories: |
| » | Researchers Identify New Strategy to Fight Cancer With Minimum Side Effects |
| » | Belly Fat Removal Reduces Skin Cancer Risk in Mice |
| » | Higher Hospital Volume Shows Better Outcome Of Prostate Cancer Surgery |
| » | Sigmoidoscopy Cuts Colorectal Cancer Rates |
| » | Upshot of Chemotherapy On Gross Survival Appears Amplified Based On Tumor Size |
| More Cancer News | |
|
General News |
||||||||
| » | New Tool Developed to Help Decide What Drugs to Include in Health Care Formularies | » | Laser Cleans Paper, Readies for Reuse | |||||
| » | When Distractions Relieve Pain | » | Brazilian Doctors Accidentally Tore Off Baby's Head During Delivery | |||||
| » | Innovation Prize Scored by Indian's 'Smart Rickshaw' Mobile App | » | New York Job Seekers to Avail From Digital Map | |||||
| » | Cars Capable of Lulling Drivers to Doze, Shortly | » | 2050 Will Note Bulk of World Population Living in Cities: WWF Report | |||||
| Read More >> | ||||||||
