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Tag: Drought

World Braces for Higher Food Prices

World Braces for Higher Food Prices

With drought parching farms in the United States and near the Black Sea, weak monsoon rains in India and insidious hunger in Africa’s Sahel region, the world could be headed towards another food crisis, experts say. Asia should keep a

G20 to Tackle Rising Food Prices: Report

G20 to Tackle Rising Food Prices: Report

The Group of 20 top economies will meet shortly to try and coordinate a response to soaring food prices, driven by drought and rising demand, the Financial Times reported Monday. Over the weekend, US President Barack Obama called on Congress

World View: Countries Panic-Buying Food as World Food Prices Surge

World View: Countries Panic-Buying Food as World Food Prices Surge

This morning’s key headlines from GenerationalDynamics.com China blames loss of Olympics gold on colonialism Countries panic-buying food as world food prices surge 5th anniversary of first bailout Egypt-Israel agreement remains intact, amid military buildup in Sinai Pakistan’s Imran Khan threatened

Corn, soybeans keep climbing ahead of USDA report

Corn, soybeans keep climbing ahead of USDA report

(AP) Corn, soybeans keep climbing ahead of USDA reportBy The Associated PressPrices for corn, wheat and soybeans continued their long march upward on Wednesday, pushed higher by a crippling drought across the Midwest. Corn for December delivery rose 16 cents,

Obama Plays Politics with 'Historic' Drought

Obama Plays Politics with 'Historic' Drought

Last week, Senate Democrats played politics with the drought by not agreeing to the short-term drought relief measures passed by the House. Now, President Barack Obama is playing politics with the drought as well. As Reuters notes, Obama on Tuesday

Congress breaks for 5 weeks, but much work undone

Congress breaks for 5 weeks, but much work undone

(AP) Congress breaks for 5 weeks, but much work undoneBy DONNA CASSATA and ANDREW TAYLORAssociated PressWASHINGTONCongress’ performance matches its approval rating _ abysmal. Lawmakers headed home for a five-week break with a lengthy list of uncompleted work and little to

House GOP Won't Extend Pork-Laden Farm Bill

House GOP Won't Extend Pork-Laden Farm Bill

Last week, conservatives urged caution when House Republicans considered the farm bill, and on Tuesday the Associated Press reported House Republican leaders decided to table the measure that would extend the 2008 farm bill for another year. Because the agriculture industry

Villaraigosa Wants To Be Governor

Villaraigosa Wants To Be Governor

Los Angeles Mayor Antonio Villaraigosa, whose term expires in 2013, is interested in running for governor, although he hasn’t stated whether he would run in 2014. “The job I’ve said to people I would like is I would like to

Conservatives Urge Caution on Farm Bill

Conservatives Urge Caution on Farm Bill

On Friday, The Hill reported that the House Rules Committee would consider a rule for the farm bill, which was passed on Tuesday by the House Agriculture Committee. The House will most likely vote on the one-year extension of the

Voters: Obama Built Economic Downturn

Voters: Obama Built Economic Downturn

The Hill released a poll today which goes a long way to explain the challenge Barack Obama faces on his bid for reelection. The poll of likely voters found that 64% believe the current economic downturn is more severe than

World View: IMF Will End Bailout for Greece

World View: IMF Will End Bailout for Greece

This morning’s key headlines from GenerationalDynamics.com Food price surge expected after worst U.S. drought in 50 years Food price surge may lead to global riots, as in 2008 IMF will end bailout for Greece, possibly forcing exit from euro currency

USDA: US Suffering Worst Drought In 25 Years

USDA: US Suffering Worst Drought In 25 Years

Secretary of Agriculture Tom Vilsack says the drought that’s covering more than half of the continental U.S. will likely result in higher food prices, but added consumers won’t notice until “later this year, first part of next year.”

Obama presses Congress again to pass his tax plan

Obama presses Congress again to pass his tax plan

(AP) Obama presses Congress again to pass his tax planWASHINGTONPresident Barack Obama is prodding Congress to “skip the unnecessary drama” and pass his proposal to extend Bush-era tax cuts to families earning less than $250,000 a year but not for

UN: Food Supply Tenuous for 16 Million N. Koreans

UN: Food Supply Tenuous for 16 Million N. Koreans

(AP) UN: Food supply tenuous for 16 million NKoreansBy JEAN H. LEEAssociated PressPYONGYANG, North KoreaMillions of North Korean children are not getting the food, medicine or health care they need to develop physically or mentally, leaving many stunted and malnourished,

New Mexico, Colorado Fires Burn Out of Control

New Mexico, Colorado Fires Burn Out of Control

(AP) New Mexico, Colorado fires burn out of controlBy THOMAS PEIPERTAssociated PressBELLVUE, Colo.Firefighters battling an out-of-control Colorado blaze significantly increased the number of structures destroyed or damaged to at least 118 on Monday as crews in New Mexico also ramped

'Hunger Games' Illustrates Horrors of Big Government

'Hunger Games' Illustrates Horrors of Big Government

John Tamny in Forbes: Liberals of the American variety seemed to like it for revealing how very crushing and insurmountable poverty is, conservatives perhaps liked it for televising the human error frequently behind poverty, not to mention the corruption inside

High Taxes Hastened Somalia's Famine

From the Associated Press: The withdrawal of Somalia’s al-Qaida-linked rebels from their bases in Mogadishu and severe food shortages in southern Somalia may be linked to the same problem familiar to politicians the world over: tax collections. The abandonment of