Source:
ReutersOfficials meeting at the World Economic Forum expressed concern on Thursday about soaring food prices stoking social unrest, but corporate figures rejected calls for curbs on speculation.
"Higher food prices and volatility are one of the biggest threats to the global economic recovery and social stability," Ngozi Okonjo-Iweala, managing director at the World Bank, told Reuters on the sidelines of the meeting in the Swiss resort.
U.S. wheat futures rose to a new 29-month high on Thursday as buyers scrambled for supplies amid harsh weather in major producing countries like Australia and Russia.
Street protests in Egypt -- in part stoked by surging prices -- continued into a third day on Thursday following unrest in Algeria and in Tunisia, where President Zine al-Abidine Ben Ali was deposed earlier this month.
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http://www.reuters.com/article/idUSTRE70Q1YF20110127?type=GCA-Davos2011
The important sentence.....
"but corporate figures rejected calls for curbs on speculation"
Government officials better understand that there will be hell to pay if they don't reign in the corporate bastards and stop them from raping the human race.