Global food reserve idea faces huge obstacles


ST PETERSBURG, Russia (Reuters) - Tough logistics and questionable efficiency are only a few drawbacks to creating the world food reserve proposed by the G8 as a cushion against high prices, sudden shortages and volatile production.

Many participants in this weekend's World Grain Forum in St Petersburg said the obstacles were so big that it could take years for the reserve idea to materialise and, even if it does, it will most likely take a regional rather than a global form.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

TikTok’s crackdown on Ozempic influencers threatens weight-loss drug hype machine
Russia's Belgorod region says 120 civilians killed by Ukraine strikes since 2022
At least five migrants die in attempt to cross English Channel, French police says
Tesla layoffs draw suit claiming not enough warning for workers
Truce crumbles in Sudanese army's last Darfur holdout
Report urges fixes to online child exploitation CyberTipline before AI makes it worse
Indonesia's biggest party confirms President Jokowi no longer a member after backing Prabowo
South Korea, Romania pledge defence cooperation amid reports of contract in works
Ukraine launches military charm offensive as conscription flags
Your brain waves are up for sale. A new law wants to change that.

Others Also Read