The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
Developing countries are fighting hard to retain the right to increase farm im-port tariffs in spite of slashing them rapidly to cope with the global food crisis. Faint signs of progress in the troubled "Doha round" of global trade talks last week in Geneva were imperilled by a fresh dispute …
A warning from U.N. Secretary General Ban Ki-moon on the possible consequences of the rise in global food prices, together with the plight of the world's poorest nations, dominated the start of a major U.N. trade conference Sunday in Ghana's capital. "If not handled properly, this food crisis could trigger …
The Chief Minister, Shivraj Singh Chouhan has said that it is necessary to procure maximum quantity of wheat on support price for ensuring success of Mukhya Mantri Annapurna Yojana, under which wheat would be supplied at the rate of Rs three per kg to poor families from fair price shops. …
Sending warning signals to the UPA Government, the Left and UNPA leaders on Saturday came together to attack it on the issue of price rise. They also courted arrest. The leaders, including CPI(M)'s Sitaram Yechury, CPI's D Raja, RSP's Abani Roy, Samajwadi Party General Secretary Amar Singh, were arrested while …
Amid demands that the Left parties save the country rather than the government, the entire Left leadership on Saturday courted arrest in the capital along with leaders of the United National Progressive Alliance (UNPA) in protest against rising prices. Part of the week-long joint action planned by the Left parties …
Soaring food prices have hampered Asia's fight against poverty and some countries may need foreign aid to feed their hungry millions, the Asian Development Bank president said Friday. "The current food price inflation has already affected the pace of poverty reduction in some countries," Haruhiko Kuroda said. "Poverty reduction has …
Soaring food prices have hampered Asia's fight against poverty and some countries may need foreign aid to feed their hungry millions, the Asian Development Bank president said on Friday.
Today's high prices of food around the world are the result of the continued failure of large, populous economies such as India and China to reach food self-sufficiency or even near self-sufficiency. In India, successive governments since 1991 have ignored the real economy that is agriculture and pushed it to …
No need for alarm; but some Chinese ring bells anyway "WITH grain in our hands there is no need to panic,' according to China's prime minister, Wen Jiabao. But officials worry about how to keep China near self-sufficiency in grain and sheltered from rising world prices. Mr Wen's remarks during …
Global food shortages have taken everyone by surprise. What is to be done? Reuters SAMAKE BAKARY sells rice from wooden basins at Abobote market in the northern suburbs of Abidjan in C
Food prices are causing misery and strife around the world. Radical solutions are needed PICTURES of hunger usually show passive eyes and swollen bellies. The harvest fails because of war or strife; the onset of crisis is sudden and localised. Its burden falls on those already at the margin. Today's …
China on Thursday announced new duties on fertiliser exports in a bid to boost farming output, after Premier Wen Jiaobao said greater efforts were needed to tackle soaring food prices. Wen said more must be done to help the nation's agriculture sector after data was released on Wednesday showing food …
United States Secretary of State Condoleezza Rice addressing the media at her office here on Thursday, said the food scarcity and high prices which have hit the developing and poor countries hardest is a global crisis and the U.S. has taken steps to alleviate the suffering. She said First the …
Nicolas Sarkozy yesterday pledged more money and a new global partnership to bring down food prices - the latest ambitious but ill-defined plan to combat the worldwide crisis. The French president doubled to
Soaring food prices have surfaced as a big concern in the delicately poised agriculture negotiations at the World Trade Organisation (WTO). But because any WTO deal will have an impact only in the long term, the Geneva talks will not offer a solution to the immediate crisis, diplomats and officials …
The latest data on foodgrains production released by the Ministry of Agriculture, Government of India, estimate that wheat production in India would fall by 1 million tonnes to 74.81 million tonnes compared with the previous estimates. Though it is not a marked decline compared with the previous estimates, what is …
Bad agricultural policies and changing eating habits in developing nations are primarily to blame for rising food prices, not biofuel production as some critics claim, German Chancellor Angela Merkel said on Thursday. Environmentalists and humanitarian groups have stepped up campaigning against biofuels, arguing they divert production away from food and …
EARLIER this week, junior food minister Akhilesh Prasad Singh, during a TV discussion on soaring food prices, maintained that India had rice and wheat stocks above the April buffer norm and that FAO chief Yumkella's global food crisis assessment had relevance only to Africa. Wake up and smell the coffee, …
Given our large arable land and favourable climate, and rising global food prices, a proper policy framework could ensure that India becomes the world's food bowl, says Prashant Goyal FOOD inflation is an area of concern today. The rising prices of agricultural commodities have forced the government to come up …
FOR the first time, India has given delivery at Kandla for sugar contracts traded on London's Euronext-Liffe exchange, the world's top market place for sugar. This opens a new route for exports and risk management by domestic sugar companies. With 24 million tonnes of sugar lying in godowns, finding the …