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What is triggering the food shortage that has engulfed the world? Why is everyone pointing fingers at one another? Why has inflation rocketed throughout the world, mainly due to the food crisis? In a recent remark, US president George Bush ‘enlightened’ the world by saying that the food crisis is due to the teaming millions of the Indian middle class.

On the other hand, if the UN Special Rapporteur on the right to food is to be believed, the US and the European Union have taken a “criminal path” by encouraging use of food crops to produce bio-fuels and thus contributing to an “explosive rise” in global food prices. Last year, the US used a third of its corn crop to create bio-fuels, while the European Union is planning to have 10 per cent of its need supplied by bio-fuels. The Special Rapporteur, in a press conference, warned of worsening food riots and a “horrifying” increase in deaths by starvation.

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When will the worm die down?

India’s wholesale price index rose 7.61 per cent in the 12 months to April 26, marginally higher than previous week’s annual rise of 7.57 per cent, government data showed on Friday. The rate matched a median forecast of 7.61 per cent in a poll of analysts.

It was the highest since an annual reading of 7.68 per cent on Nov. 13, 2004. The annual inflation rate was 6.01 per cent during the corresponding week of the previous year.

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