Wednesday, January 4, 2012

[RED DEMOCRATICA] FAO chief predicts food price decline in 2012

 

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FAO chief predicts food price decline in 2012

Food prices are likely to remain volatile in 2012 but reductions are likely, says Jose Graziano da Silva, head of the United Nations Food and Agriculture Organization. Da Silva, who took over as director general of the FAO on Jan. 1, also predicted there will not be dramatic increases in the number of people going hungry worldwide during 2012. Bloomberg Businessweek (1/3) LinkedInFacebookTwitterEmail this Story



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"As of January 1, 2012, South Africa has the helm of the United Nations Security Council, holding the body's rotating Presidency for the month. So far, the Security Council has yet to post its provisional agenda for the month, which lays out where the President sees the Council's discussion leading, as well as key briefings, reports, and previously scheduled votes. Once it is posted, we will see the course South Africa intends to chart over the next thirty days in its last big shot to prove that it has the necessary clout and gravitas to continue its quest for a permanent seat at the table."

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