From Finances to Food
Tuesday, December 9, 2008 - 09:07
in Mathematics & Economics
Just seven months ago, the global food crisis had reached a flash point. Prices of staples such as corn and rice had more than doubled over a year, and, by April, riots had broken out in Haiti, Bangladesh and Egypt. On May 1, Pres. George W. Bush pledged $770 million in new food aid for the 2009 fiscal year, an amount on top of the $200 million worth of emergency food he promised through the U.S. Department of Agriculture's Emerson Trust. The situation was desperate. [More]