MariaDine
5th January 2011, 13:33
ROME, Jan. 5, 2011 (Reuters) — Global food prices rose in December, with the FAO Food Price Index at a record high, the U.N Food and Agriculture Organization said on Wednesday, past 2008 highs when rising food prices sparked riots in a number of countries.
Up for the sixth month in a row and fueled by surging sugar prices and rises in cereals and oils, the index was the highest since records began in 1990, in nominal terms, and topped the high of 213.5 in June 2008, during the food crisis of 2007/08.
The index, which measures monthly price changes for a food basket composed of cereals, oilseeds, dairy, meat and sugar, averaged 214.7 points last month, up from 206.0 points in November.
The FAO's Sugar Price Index soared to a record high of 398.4 points from 373.4 points in November.
Its Cereals Price Index, which includes prices of main food staples such as wheat, rice and corn, rose to an average of 237.6 points in December, the highest level since August 2008 and up from 223.3 points in November.
The Oils Price Index also jumped to 263.0 points in December from 243.3 points in November.
(Reporting by Catherine Hornby; editing by Keiron Henderson)
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and An Old Video from 2008 - with up to date news !
http://www.youtube.com/watch?v=7QCyhi-6EFc&feature=related
Rising food prices have already given the government much headache. Now the impact of the same is also being seen in its finances. As per reports, the food subsidy bill for the current year that ends in March, is expected to rise to Rs 800 bn. This is 44% higher than what was estimated in the last budget! A large part of this rise in subsidies is the higher minimum support prices that the government paid for crops this year. Indeed, if the subsidy bill keeps rising at this rate, it will be interesting to see how the government sticks to its roadmap of bringing down deficit by FY12.
Namasté
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Sept 17, 2009: Professor Igor Panarin says that events are continuing to confirm his doomsday prediction first made over 10 years ago, that the United States will completely collapse like the Soviet Union before the end of 2010, and warns that the chaos could begin to unfold in as little as two months. http://www.prisonplanet.com/russian-p...
Google this: CNBC Analyst: Global Bank, Global Currency Within 15 Years
Celente's website is: www.TrendsResearch.com
Trend forecaster, renowned for being accurate in the past, says that America will cease to be a developed nation within 4 years, crisis will be worse than the great depression.
In this Fox segment, predictions were mentioned that before 2012:
1. America will be the first undeveloped country
2. Revolution, food shortages, riots, marches
3. Food instead of gifts for Christmas
The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting revolution in America, food riots and tax rebellions - all within four years, while cautioning that putting food on the table will be a more pressing concern than buying Christmas gifts by 2012.
Gerald Celente, the CEO of Trends Research Institute, is renowned for his accuracy in predicting future world and economic events, which will send a chill down your spine considering what he told Fox News this week.
Celente says that by 2012 America will become an undeveloped nation, that there will be a revolution marked by food riots, squatter rebellions, tax revolts and job marches, and that holidays will be more about obtaining food, not gifts.
Celente, who successfully predicted the 1997 Asian Currency Crisis, the subprime mortgage collapse and the massive devaluation of the U.S. dollar, told UPI in November last year that the following year would be known as The Panic of 2008, adding that giants (would) tumble to their deaths, which is exactly what we have witnessed with the collapse of Lehman Brothers, Bear Stearns and others. He also said that the dollar would eventually be devalued by as much as 90 per cent.
READ THE FULL REPORT:
http://www.prisonplanet.com/celente-p...
Russian Analyst, Igor Panarin Says U.S. Will Break Apart(secede)as it was post Civil War era, 1866: http://www.InfoWars.net/articles/nove...
Up for the sixth month in a row and fueled by surging sugar prices and rises in cereals and oils, the index was the highest since records began in 1990, in nominal terms, and topped the high of 213.5 in June 2008, during the food crisis of 2007/08.
The index, which measures monthly price changes for a food basket composed of cereals, oilseeds, dairy, meat and sugar, averaged 214.7 points last month, up from 206.0 points in November.
The FAO's Sugar Price Index soared to a record high of 398.4 points from 373.4 points in November.
Its Cereals Price Index, which includes prices of main food staples such as wheat, rice and corn, rose to an average of 237.6 points in December, the highest level since August 2008 and up from 223.3 points in November.
The Oils Price Index also jumped to 263.0 points in December from 243.3 points in November.
(Reporting by Catherine Hornby; editing by Keiron Henderson)
------------
and An Old Video from 2008 - with up to date news !
http://www.youtube.com/watch?v=7QCyhi-6EFc&feature=related
Rising food prices have already given the government much headache. Now the impact of the same is also being seen in its finances. As per reports, the food subsidy bill for the current year that ends in March, is expected to rise to Rs 800 bn. This is 44% higher than what was estimated in the last budget! A large part of this rise in subsidies is the higher minimum support prices that the government paid for crops this year. Indeed, if the subsidy bill keeps rising at this rate, it will be interesting to see how the government sticks to its roadmap of bringing down deficit by FY12.
Namasté
----------------------------------------------------------------------------------------------------------
Sept 17, 2009: Professor Igor Panarin says that events are continuing to confirm his doomsday prediction first made over 10 years ago, that the United States will completely collapse like the Soviet Union before the end of 2010, and warns that the chaos could begin to unfold in as little as two months. http://www.prisonplanet.com/russian-p...
Google this: CNBC Analyst: Global Bank, Global Currency Within 15 Years
Celente's website is: www.TrendsResearch.com
Trend forecaster, renowned for being accurate in the past, says that America will cease to be a developed nation within 4 years, crisis will be worse than the great depression.
In this Fox segment, predictions were mentioned that before 2012:
1. America will be the first undeveloped country
2. Revolution, food shortages, riots, marches
3. Food instead of gifts for Christmas
The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting revolution in America, food riots and tax rebellions - all within four years, while cautioning that putting food on the table will be a more pressing concern than buying Christmas gifts by 2012.
Gerald Celente, the CEO of Trends Research Institute, is renowned for his accuracy in predicting future world and economic events, which will send a chill down your spine considering what he told Fox News this week.
Celente says that by 2012 America will become an undeveloped nation, that there will be a revolution marked by food riots, squatter rebellions, tax revolts and job marches, and that holidays will be more about obtaining food, not gifts.
Celente, who successfully predicted the 1997 Asian Currency Crisis, the subprime mortgage collapse and the massive devaluation of the U.S. dollar, told UPI in November last year that the following year would be known as The Panic of 2008, adding that giants (would) tumble to their deaths, which is exactly what we have witnessed with the collapse of Lehman Brothers, Bear Stearns and others. He also said that the dollar would eventually be devalued by as much as 90 per cent.
READ THE FULL REPORT:
http://www.prisonplanet.com/celente-p...
Russian Analyst, Igor Panarin Says U.S. Will Break Apart(secede)as it was post Civil War era, 1866: http://www.InfoWars.net/articles/nove...