Friday, February 18, 2011

G20 meeting urged to act on food price inflation(Tynara)

G20 meeting urged to act on food price inflation.
The representatives of 20 leaders country in the world will discuss about the issue of rising the price of goods, especially foods . G20 meeting will be hold in Paris. International Monetary Foundation (IMF) say that rising price leads to economic imbalances and nowadays the price at «dangerous level».

One of the factors of rising the food price is unchecked speculation. For about 100 Euro countries see unchecked speculation as the dangerous. Economists say that 125 million people in the world are extremely poverty and the high prices were an aggravating factor in the Meddle East.

Another factors is currency and trade of countries. Obviously, import and export of country effect on the price situation in the world. So, it needs to serve the global community.

3 comments:

  1. Sorry, I can't edit. So, the Meddle - is Middle. And in the last paragraph - Another factors are (not is).
    Tynara.

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  2. Hi Tynara

    If you need to make a change, click on NEW POST, then you have an option to 'Edit Post'. You can find your entry there and change it.

    Would you change any of this now, after what we did in class today? Perhaps you could paraphrase more?

    I'll leave it for Emma to look at because it was her task.

    Thanks for being our star blogger!

    Mary

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  3. A good summary of the issues here Tynara so well done.

    Can you remember when they are meeting and for how long?

    A few corrections on phrases:

    'in extreme poverty'
    'will be held' - passive, which we're doing today!

    See you later!
    Emma

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