SME Times is powered by   
Search News
Just in:   • Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia  • Europe facing earlier, stronger heatwaves: Climate scientist  • India and Namibia sign two MOUs in fields of health and entrepreneurship  • PM Modi arrives in Delhi after concluding 'productive and successful' 5-nation tour  • ASEAN to keep on consensus, inclusivity: Malaysian official 
Last updated: 27 Sep, 2014  

UK.9.Thmb.jpg Now, food prices to take toll on Britons

UK.9.jpg
   Top Stories
» Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia
» Piyush Goyal holds talks with Malaysian minister on review of ASEAN trade pact
» India and OPEC have a unique and symbiotic relationship: Hardeep Puri
» SIP inflows hit all-time high in June, total AUM for equity MF at Rs 74.41 lakh crore
» India set to explore over 2.5 lakh sq kms area in one of largest offshore energy efforts
IANS | 29 Aug, 2012
British families, already facing difficult times due to a financial crunch, may have to further cope with much harsher times as they would have to spend more on food following a poor harvest which has pushed up prices worldwide.

The cost of basic food products is rising because of a drought in the US and poor crops in Russia and eastern Europe, Daily Express reported.

According to Jose Graziano Da Silva, head of the UN Food and Agriculture Organisation, food prices could reach a crisis point next year if harvests in the southern hemisphere are poor.

At a conference in Sweden on water resources Monday, Da Silva called on G-20 nations, producing up to 95 percent of crops hit by price rises, to take "coordinated action".

A third of all food production is lost due to poor storage in developing countries or waste in rich nations, Da Silva added.

The G20 is set to discuss food prices this week but no decisions are expected before September when a report on grain supply is due.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Do you think Indian businesses will be negatively affected by Trump's America First Policy?
 Yes
 No
 Can't Say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter