Merkel, Like Lula, Rejects Biofuels as Root of Food-Price Rises

17 Apr 08

German Chancellor Angela Merkel said today in Freiberg, during a visit to a biofuel plant , that soaring prices for rice, milk and other staple foods are not related to global demand for biofuels, and can instead be ascribed to growing affluence in developing countries.
http://www.bloomberg.com/apps/news?pid=20601100&sid=axYK89HdsPTg&refer=germany

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