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Emerging Nations Tackle Food Costs by Eric Bellman and Alex Frangos

Fast-growing emerging nations are taking increasingly aggressive actions to beat back rising food prices as they grow more worried of threats to stability if prices don't start to retreat. Developing-market governments have unveiled a laundry list of measures—including price caps, export bans and rules to counter commodity speculation—to keep food costs from disrupting their economies as price spikes that some had hoped were temporary have stretched into the new year. Some...

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High global food prices but local solutions? by CRL Narasimhan

The problem is all pervasive as the prices of almost all food items have been rising In a scenario that is all familiar in India and for that matter in many other countries too, rising food prices have become an extremely sensitive issue with major political and social ramifications that go well beyond the economic ones. Not that the economic consequences are unimportant. From the macroeconomic management point of view, rising food...

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Farmers march clogs airport road

Farmers' protesting ban on Cotton and onion exports on Monday created a few moments of panic as they set ablaze a trolley-full of Cotton some 200 metres from the Nagpur airport building. The situation was soon brought under control and farmers dispersed after the symbolic protest. Over 2000 farmers led by Bacchu Kadu, the maverick independent MLA from Achalpur in Amravati district, marched through the busy Wardha road to airport...

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Our Cotton, their onions

India's reported willingness to relax its ceiling on Cotton exports to accommodate the Pakistani demand for the commodity if Pakistan will permit the overland export of onions is a welcome development. The floods in Pakistan affected some portion of its Cotton crop, and the country is now short of the commodity for its domestic textile and yarn industry, the mainstay of its fragile economy; heavy and unseasonal rains have caused...

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Vidarbha: 9 farmer suicide in 5 days as cold destroys crop

The gushing in of bone-chilling cold wave has spelt disaster for the Cotton farmers in Vidarbha. Nine farmers have killed themselves since Thursday as snow and hail ruins an almost-ready crop. "My brother was very worried after the cold winds and the hail killed the crop. Two days ago, he talked about it with my wife. We did not think he will kill himself," said Dhanraj Pohekar, a resident of Taamaswaadi...

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