Rising food prices threaten to push over 60 million Asians back into poverty

Mongabay: The Asian Development Bank has warned that high food prices on the continent could push 64 million people in developing countries into extreme poverty, reports the AFP. On average food prices are up 10% since the beginning of the year with staple prices significantly higher than last year. For example, rice prices have risen by 36.7% since June 2010 in Vietnam, while Kyrgyzstan has seen wheat prices rise 67% during the same time period. "Left unchecked, the food crisis will badly undermine......

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