Shortages and Hunger on the rise

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In the U.S. and in Europe, pastries and pasta may cost a bit more, an increase that is, so far, mostly absorbed by the consumers in these and similarly wealthy nations. But in Pakistan, Egypt and other countries with large segments of the population living near or below the poverty line, soaring wheat prices have caused shortages, resulting in food riots that may spark political unrest.




With black-marketing and illegal hoarding on the rise in the global wheat trade, the world's poorest people go even hungrier, and fall victim to malnutrition and starvation at an ever increasing rate.

The worldwide wheat crisis is caused by many factors, such as drought in Australia, failed harvests elsewhere due to global warming, steadily rising demand in Asia, unscrupulous market speculation, use of grain to feed cattle, and, most recently, the use of food crops to make biofuels.


Will this lead to what some world leaders call
"a silent tsunami of hunger"?

(Video via Link TV - Sources: ABC News, U.S.; Deutche Welle, Germany; Hechos, El Salvador; Teletrece, Chile; BBC, U.K.; Al Jazeera English, Qatar; South Asia Newsline, India; KBS, Korea.)



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The Second Quarter Of 2007

by our Editor

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We'll always have Paris... or so it seems. Between the relentless news coverage of Paris Hilton's incarceration and subsequent release from jail and the hype about Apple's much anticipated iPhone launch, one might reach the conclusion that nothing else of great concern was going on in the world.

We need to remind ourselves that long after Paris' peccadilloes have been forgotten, the Sudan, Afghanistan, Pakistan, Nigeria and other parts of the world will still be there and will still matter. Not to mention the tragic and needless war in Iraq, now in its fourth year, which weighs heavy on our budget and our conscience (or at least on the conscience of those who still have one.) Incredibly, the Cost-of-Iraq-War-Calculator has reached a stunning $378 billion, halfway through fiscal year 2007.

However, global economic growth in general is strong and will continue to expand, fuelled by emerging and developing markets in China and elsewhere. But this is a force that cuts both ways, creating new demand for goods and services, but also creating strong competition for precious raw materials and human resources. This growth explosion is sure to present an additional strain on our already compromised eco-system.

Now more than ever, we must put in place stringent measures to halt global warming worldwide.

The challenges are many as we look down the road.

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[See also article about global warming on Wikipedia]

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[Read Check List on CROSS CULTURAL OUTLINE]

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