markets. Today world trade is in deep crisis. Omar Zakhilwal spoke with conviction. Take, for instance the price of food. Over the last year in the market prices have soared by several times. According to the forecasts of the World Bank in the near future to millions of people facing hunger in the world. They estimate that food shortages affect not only the poorest countries in Africa, and Europe. Especially in Eastern Europe. Products will be, but people just do not have the money to buy them – as it did in the U.S.
during the "depression" 30s, when the United States have died from hunger 2 million. Despite the crisis, food prices continue to rise. There are several reasons, including the deterioration in the agricultural sector and rapid growth of urban residents. To date, food shortages feels about 1 billion people around the world. And this is just the beginning. It's not so much in the growth of world population. The area of agricultural land in the world each year is decreasing. In connection with the energy crisis all the more demand for alternative fuels that are produced from rapeseed, cane and so on.
These crops do not require such careful care, such as vegetables. Their cultivation is more profitable. The governments should be at the legislative level to prohibit the cultivation of crops for fuel production, and maximize the production of food and "gardening" of the population. We expect situation where the food on the shelves will be, but its few people will buy. While yesterday it was quite affordable. Rising prices for oil, gas, electricity and, consequently, food, general stagnation in the global economy – the main options to reduce purchasing power. The salary for the majority of Europeans remain the same, not to mention the "developing" countries where they are significantly impaired due to the growth of goods and services. We can not exclude the likelihood that the crisis will be very unpleasant, not only for food-importing countries, but even for those countries that export food.