The new scramble for Africa was triggered by a convergence of events: surging demand for biofuels, rising consumption patterns in China and India and the 2008 global food crisis, when the price of corn and wheat tripled, almost overnight. Responding to sudden hyperinflation, rioting and panic buying, at least 30 countries, including Argentina, Vietnam, Brazil, Cambodia and India, banned or sharply reduced food exports. In short order, Japan and South Korea, who import 70 per cent of their grains, joined a parade of countries turning to Africa to lock in means of production beyond their borders.
Group items matching
in title, tags, annotations or url
1More
1More
Markets to Respond to Health-Care Vote; Stocks Drop - 0 views
1More
Tuning' Social Networks Improves Financial Performance on eToro Social Investment Netwo... - 0 views
1More
Sales Team Management Training Courses in Dubai, Abu Dhabi, Saudi Arabia and Beirut Sal... - 0 views
1More
Wheelchair : Handicap Products: Wheelchair Safety With Power Wheelchairs - 0 views
1More
Report: UK oil and gas plans incompatible with climate change - 0 views
1More
Buy Verified Binance Accounts - 100% Safe & Selfie Verified - 0 views
1 - 17 of 17
Showing 20▼ items per page