The Guardian is reporting that the upcoming G8 summit will announce a New Alliance to increase food security and nutrition, apparently with a focus on Africa. This will be a useful offset to US biofuels policy--the Washington Post this morning reported that 39% of the US corn crop is headed for ethanol--which tends to increase food price levels and volatility by linking food crops to energy prices and volatility. Details are forthcoming, hopefully this weekend.
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James F OehmkeMy biases are socially liberal and fiscally conservative, but I try to present objective economic analysis and interpretation in my blog. Archives
July 2012
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