gas
A New Kind of Appeal
It's hard not to notice that gas prices seem to rise by the day. Most drivers may cringe a little more every time they fill up, but they aren't rioting in the streets. This isn't the story in some developing countries, where increasing oil prices — on top of soaring food prices — have increased the potential for widespread hunger.
To cope, the UN World Food Programme has launched an emergency appeal for $500 million. The WFP is the world’s largest humanitarian agency, working in 78 of the world’s poorest countries to help stop hunger. Funded entirely by individual donors and governments, the appeal was written to 60 governments in hopes to reach their goal by May 1. If this amount isn’t reached, the WFP will be forced to cut aid to countries in already desperate situations.
Although the WFP has launched many appeals in the past, this is the first time an appeal has been launched due to a market-generated crisis. The WFP says it was not prepared for the rise in staple food prices such as wheat and corn, as well as fuel.
NPR pointed out this morning that the food-price hikes are exacerbated by a shortage of rice due to bad harvests and growing demand. Rice-exporting countries in Asia are shipping less abroad to have enough of the dietary staple at home.
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