Friday May 02, 2008 | ${log.root}/lowem.log Inflation, Investing and Everything |
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Rationing of rice hits UK Chinese and curry restaurants This article belongs to the Global food crisis story arc. peakoil.com -> business.timesonline.co.uk : Rice is being rationed in Britain as shopkeepers limit supplies to their customers to prevent hoarding. Restrictions on sales in Asian neighbourhoods are reported as emergency measures are taken by governments worldwide to combat the soaring cost of rice and prevent outbreaks of food rioting. Tilda, the biggest importer of basmati rice, said that its buyers had resorted to restricting their customers to two bags per person. According to Mr Jona-than Calland of Tilda, the retailers, who sell to the curry and Chinese restaurant trade as well as to families, are rationing their customers to two to four bags during the current fear over rice shortages. US retailers are also rationing rice, including Sam's Club, the warehouse club operator that is part of Wal-Mart. - The Asian food crisis threatens to spill over onto the global stage, with the UK now being affected. And over at peakoil.com, on page 55 of a thread titled "The Spreading Food Crisis Thread (U.S. & World)", a fellow forummer has reported that Calgary, Alberta in Canada also "now has the rice ration in effect". For the wealthier developed countries things still look fine overall, but you never know because like I said earlier, things can get very bad, very quickly. See also : 1. NY paper reports food rationing appearing in US (2008-05-02 14:56:06 SGT)
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Most popular blog postings on lowem.log : 1. Singapore SIBOR interest rates fall to 1.5%, lowest since Dec 2004 Featured articles on lowem.log : 1. ABC Guide to Beating Inflation in Singapore and Elsewhere |
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