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Food Prices Skyrocket in Beleaguered Kyrgyzstan

Sep 17, 2010
It's been a rough year for Kyrgyzstan. There was the uprising in April that saw a new government take charge, followed by violent ethnic clashes in June, then by a mass flight of refugees. And now it culminates with food scarcity and soaring prices that affect a quarter of the population amid a broken trade and supply network.

In Dry Times, India Will Import Food

Aug 21, 2009
A dry spell in India's usual monsoon season has had a dramatic effect on food prices and availability, affecting more than 700 million people in the world's second most populous country. With its farmers hit hard by the drought, India is forced to begin importing food to make up for the shortages.

Deflation Dangers Daunt the Economy

Nov 19, 2008
Analysts believe the economy is already in "horrific shape" -- with news this month of record-breaking drops in the cost of living and new home construction -- and is inching closer to a dangerous deflationary period, which could worsen the current economic crisis by making debts even harder to repay.

Inflation Runs at a 26-Year High

Jul 16, 2008
The once-mighty US dollar is full of hot air, or at least the rate of inflation is at a 26-year high due to the recent economic toils and astronomical energy prices Prices U consumers pay shot up 11 percent in June -- or more directly, your paycheck just got 11 percent smaller.