A leaked report by the World Bank, purportedly confirms that biofuels, not increased demand from India and China, has caused the world's food prices to increase by 75%. The report's author, a senior World Bank economist, assessed that contrary to claims by US President George W. Bush, increased demand from India and China has not been the cause of rising food prices. The news also suggests that the report was finished back in April, but was held back to: avoid embarrassing the US government, which has claimed plant-derived fuels have pushed up prices by only three percent. It all sounds to corny to me,...
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