FAO: prices don’t justify talk of new world food crisisSeptember 6, 2012 - 14:01 AMT PanARMENIAN.Net - The UN’s Food and Agriculture Organization says current prices do not justify talk of a new world food crisis, according to The Associated Press. Director-General Jose Graziano da Silva says the latest data is ‘‘reassuring.’’ Agency officials say the food price index of basic foods remained unchanged in August from July. FAO official David Hallam told reporters in Rome on Thursday, Sept 6, that ‘‘there is no strong evidence’’ to suggest another food price crisis, such as that which sparked unrest in the developing world in 2007-2008. FAO’s latest monthly report found that while there was no overall rise in food prices last month, prices are still high. While meat and dairy prices rose, sugar prices fell sharply. July’s index had reflected soaring prices amid droughts affecting corn and wheat crops. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |