Tag: Eastern Europe

• Friday, August 31st 2012 - 04:46 UTC

  Global food prices index soars 10% in July: World Bank sound the alarm

  

  Global food prices soared by 10% in July from a month ago, with maize and soybean reaching all-time peaks due to an unprecedented summer of droughts and high temperatures in both the United States and Eastern Europe, according to the World Bank Group’s latest Food Price Watch report.