Food

MANILA, Philippines—Global food prices are on the rise again, the United Nations Food and Agriculture Organization (FAO) said Thursday, with the agency’s Food Price Index registering four straight months of increases.

THE GOVERNMENT IS DOUBLING ITS subsidy for the National Food Authority in 2010 to P8 billion in an apparent move to avert a repeat of the rice crisis in 2008 as it continues its stimulus spending next year.

Rip the top off a small sachet, the size of a hand, and inside is a delicious, creamy peanut goo that you suck from the packet.

ROME (AP) — The global financial meltdown has pushed the ranks of the world’s hungry to a record 1 billion, a grim milestone that poses a threat to peace and security, UN food officials said.

MANILA, Philippines–The Bureau of Agricultural Research (BAR) of the Department of Agriculture plans to strengthen partnerships with the National Institute of Molecular Biology and Biotechnology (Biotech) and state universities and colleges (SUCs) to increase the value and competitiveness of traditional crops intended for local and world markets.

Commissioner Louis Michel, member of the European Commission responsible for Development and Humanitarian Aid, said in Brussels that “Europe has already made humanitarian responses to the food crisis through emergency aid. The “Food Facility”is the development response – 1 billion euros over 3 years to get agriculture back on its feet.

Since 2007, escalating food prices have created budget turmoil, trade imbalances and inflation and provoked panic and social unrest in some countries. Despite bumper harvests of rice and wheat in 2008 that may have alleviated some of the concern, economies are now grappling with a worsening global economic crisis. Is the evolution of lower prices…

(RTTNews) –  A European Union delegation visiting the Philippines has announced an aid of 10 million euro ($13.4 million) to support agriculture and improve food security in the Southeast Asian country.