29 August 2008
Register
~
Login
Search
HOME
news
community
integral nhne
resources
links
about
DONATE
News Articles Archive
"News, information, and a home on the Net for people all over the world who are seeking to heal the Earth and unravel the fundamental mysteries of life."
Featured Articles
The Intention Experiment
Dead Sea Scrolls To Go Online
Priest Cancels Nun Beauty Contest
'Basic Instinct' Author Writes Book About Faith
Human Exoskeleton Suit Helps Paralyzed People Walk
Bartering Sex For Stuff Or Services
The Scripture Project
Monkeys Experience Joy Of Giving
Oldest Elders Surprisingly Spry
Italian Priest Organizes Beauty Contest For Nuns
How To Change An iPhone Battery
Old-Fashioned Attitudes & Hierarchies Cause Steep Decline In Female Worshippers
At Top Of Greenland, New Worrisome Cracks In Ice
Climate Chief Warns Against 'Tragic' Inaction
Scientists To Study Synthetic Telepathy
Scientist Discovers Why We Overeat As We Age
U.S. Amish Population Surges & Spreads
Asteroid Wrap Could Save The World
Tony Melendez: Without Arms, He Plays Guitar With His Feet
Sex & The Olympics
Scientists Say We Can See Sound
Jamie Johnson: The Rich Man's Michael Moore
The Boy Who Can't Stop Growing
Former IMF Chief: Credit Crunch May Take Out Large U.S. Bank
Bigfoot Body Is A Rubber Gorilla Suit
Coastal Dead Zones Are Growing
The Earth's Protective Magnetic Field Is Changing
Book: 'A Spring Without Bees'
Future Wars 'To Be Fought With Mind Drugs'
Married Folks Still The Healthiest
Current Articles
The Intention Experiment
Dead Sea Scrolls To Go Online
Priest Cancels Nun Beauty Contest
'Basic Instinct' Author Writes Book About Faith
Human Exoskeleton Suit Helps Paralyzed People Walk
Bartering Sex For Stuff Or Services
The Scripture Project
Monkeys Experience Joy Of Giving
Oldest Elders Surprisingly Spry
Italian Priest Organizes Beauty Contest For Nuns
How To Change An iPhone Battery
Old-Fashioned Attitudes & Hierarchies Cause Steep Decline In Female Worshippers
At Top Of Greenland, New Worrisome Cracks In Ice
Climate Chief Warns Against 'Tragic' Inaction
Scientists To Study Synthetic Telepathy
Scientist Discovers Why We Overeat As We Age
U.S. Amish Population Surges & Spreads
Asteroid Wrap Could Save The World
Tony Melendez: Without Arms, He Plays Guitar With His Feet
Oetzi, The Iceman, Ancient Job Determined
Copyright Owners Must Consider 'Fair Use' Before Sending Takedown Notice
Sex & The Olympics
Scientists Say We Can See Sound
Jamie Johnson: The Rich Man's Michael Moore
The Boy Who Can't Stop Growing
Former IMF Chief: Credit Crunch May Take Out Large U.S. Bank
Condom Ringtone Launched In India
Bigfoot Body Is A Rubber Gorilla Suit
Coastal Dead Zones Are Growing
The Earth's Protective Magnetic Field Is Changing
Book: 'A Spring Without Bees'
How Casinos Make Money From You
Future Wars 'To Be Fought With Mind Drugs'
Married Folks Still The Healthiest
UK Honeybee Deaths Reaching Crisis Point
Bigfoot Press Conference Yields Little Evidence, Lots Of Scorn
Press Conference Today: Bigfoot Body Found
The Beijing Olympics Is Bringing The IOC Into Disrepute
Sunlight: Vitamin D Health Benefits Versus Skin Cancer
Scientists "Listen" To Plants To Find Water Pollution
Human Speech Traced To Talking Fish
The Pill May Skew Hormones, Cause Attraction To 'Wrong' Partner
A 'Frankenrobot' With A Biological Brain
TED: Paul Stamets: How Mushrooms Can Save The World
John Edwards: Sex, More Lies & Videotape
Olympic Medal Count (& Other Resources)
A Refrigerator That Runs Without Electricity
The Permaculture Research Institute (PRI)
UFO: Do Astronauts Change After Going Into Space?
Prince Charles: GM Crops Risk Causing Biggest-Ever Environmental Disaster
News Articles Archive
Current Articles
|
Categories
|
Search
|
Syndication
Security Fears Over Food & Fuel Crisis
Security Fears Over Food & Fuel Crisis
221 Views
posted on Monday, June 23, 2008
SECURITY FEARS OVER FOOD AND FUEL CRISIS
By Carola Hoyos and Javier Blas in London
Additional reporting by Daniel Dombey in Washington
Financial Times
June 20, 2008
Original Link
Western countries have upgraded the food and fuel crisis into a national security concern as they fear record high energy and agriculture commodity costs are destabilising key developing regions of the world.
The concerns come as the world suffers for the first time since 1973 from the confluence of record oil and food prices. Corn, soyabean and meat prices jumped this week to all-time highs, while oil prices hit a record of almost $140 a barrel.
This shift toward a national security concern will become apparent at Sunday’s oil meeting in Jeddah, Saudi Arabia, where ministers are expected to warn that developing countries are cracking under the burden of record oil and food costs.
Saudi Arabia, the world’s largest oil producer and the only country able to raise output, has recognised the danger after developing countries, including US-ally Pakistan, pleaded for a reprieve from oil payments.
Morocco was forced last month to ask for an $800m loan from Saudi Arabia and United Arab Emirates to cushion the impact of oil and cereal imports.
One Washington official said: “What we have been watching is behaviour [that indicates] China, India, Indonesia, Vietnam [and] Malaysia simply can’t bare the burden on the central budget and that the medium to long-term confluence of oil and food prices is just too much.” He added: “It is leading to a real security issue where the streets are talking to the president.”
Martin Bartenstein, Austria’s economics minister who is travelling to Jeddah, said on Friday that the risk of social tension caused by high oil prices driving inflation to double digits will be a main tenet of his argument.
“It is very high on our agenda,” said a senior diplomat from a larger European nation.
Senior active and former US, European and United Nations officials said they had met US White House staff on the issue for briefings having been prompted in part by the unrest that toppled Haiti’s government and more recently after several Asian countries risked popular anger by cutting fuel subsidies.
............
NHNE Climate Change Resource Page
NHNE Peak Oil Resource Page
............
In accordance with
Title 17 U.S.C. Section 107
, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. Unless the information in question has been written and/or published by NHNE, NHNE has no affiliation whatsoever with the originator of this article. NHNE is, therefore, not endorsed or sponsored by the originator, nor does NHNE necessarily endorse, promote, or agree with the content. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.
© 2008 NewHeavenNewEarth
(NHNE) ~
Interzoic Media
P.O. Box 2242 • Sedona, Arizona • 86339 • USA • (928) 257-3200 •
Contact Us