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04/18/2008 10:31 AM ID: 70101 Permalink   

Europe Warns World on Food Hoarding

 

Peter Mandelson, EU trade chief, has warned nations that implementing trade barriers on food products will only exacerbate the situation.
Barriers drive investment away from the industry at a time when they are needed most.

Egypt, India, Indonesia and Vietnam have all taken steps to block rice exports and Argentina, Kazakhstan, Russia and Ukraine have cut grain exports.

The Philippines and Bangladesh have both failed to fill recent orders, the 25,000t Bangladeshi order didn’t receive a single response.

 
  Source: business.timesonline.co.uk  
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  3 Comments
  
  The Times  
 
Been a while since that was used as a source on sn ...who was it used to use it all the time ???
I'm Hoarding food ... I bought a few crates of beer the other day caus it was on special offer ! (does that count?)
 
  by: Hugo Chavez     04/18/2008 11:26 AM     
  @hugo  
 
grain hoarder! water hoarder!
 
  by: elijah4twenty     04/18/2008 08:05 PM     
  @Hugo  
 
With that purchase, at least we know you are not hoarding pee.
 
  by: White Albino   04/22/2008 10:34 AM     
 
 
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