In five years' time, we could be living in a world where millions are dying in famines with no food aid to hand, regular storms and droughts wipe out acres of crops, and skyrocketing food prices have created global political panic, food experts say.
A global sell-off knocked world shares to a five-month low on Thursday as surging oil fanned concerns about inflation and slowing growth, just hours ahead of an expected euro zone interest rate hike and a key U.S. jobs report.
<p>Soaring commodity and fuel prices are driving up costs for manufacturers; faced with a choice between raising prices (which consumers would surely notice) or quietly putting fewer ounces in the bag, carton or cup (which they generally don't) </p>
<p>Starbucks Corp said on Tuesday it plans to close 600 underperforming stores and eliminate as many as 12,000 full- and part-time positions, lifting shares nearly 6 percent</p>
<p>For thousands of other small-town residents across the country who drive long distances to jobs that pay little more than minimum wage, the high cost of gas is making that daily commute cost-prohibitive. </p>
India unveiled on Monday a national plan to deal with the threat of global warming, focusing on renewable energy for sustainable development while refusing to commit to any emission targets that risk slowing economic growth.