2008 Global Rice Shortage
The 2008 Global Rice Crisis occurred between January and May 2008, the international trading price of rice jumped dramatically, increasing more than 300% (from USD $300 to $1,200 per ton) in just four months. By December 2008, prices had decreased substantially, if not returned to previous levels, marking an end to the crisis.
Read more about 2008 Global Rice Shortage: Causes, Effects, Ending The Crisis
Famous quotes containing the words global, rice and/or shortage:
“As the global expansion of Indian and Chinese restaurants suggests, xenophobia is directed against foreign people, not foreign cultural imports.”
—Eric J. Hobsbawm (b. 1917)
“The arbitrary division of one’s life into weeks and days and hours seemed, on the whole, useless. There was but one day for the men, and that was pay day, and one for the women, and that was rent day. As for the children, every day was theirs, just as it should be in every corner of the world.”
—Alice Caldwell Rice (1870–1942)
“As long as green hills are there, never fear a shortage of firewood.”
—Chinese proverb.