Posted AT 3:18 AM EST on 11/04/08
Blame ethanol subsidies for those nasty global food fights
Food riots break out in Haiti, where the average income is $2 a day. Disturbances over the availability and price of food erupt in other very low-income countries. Argentine farmers protest against the government's imposition of an export tax on certain foodstuffs. Tortilla protests hit Mexico.
Central bankers worry about the inflationary push from food prices. The United Nations pleads for more aid.
After higher energy prices now comes higher food prices.
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