Factbox-Surging food prices fuel protests across developing world -Breaking
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© Reuters. FILEPHOTO: Riot police block protestors and union members in a demonstration against Peru’s President Pedro Castillo, rising fuel and food costs, Lima, Peru, April 7, 2022. Photograph taken by a drone. REUTERS/Daniel Becerri(Reuters) – The war in Ukraine, drought fueled by climate change, and rising global grain prices have pushed up the price of grains, cooking oil, fuel, and fertilizer worldwide.
Protests are sparked by rising prices of basic staple foods, ranging from Indonesia to Iran.
European wheat prices rose 52%, while benchmark palm oil futures increased 25% from January.
The alarming trend is on the rise and it is alarming policymakers. United Nations agencies warn that rising prices will worsen Africa’s existing food crisis and can cause severe child malnutrition.
Below are some protests, arranged alphabetically by month.
ARGENTINA:
On April 23, thousands of farmers marched against President Alberto Fernandez in Buenos Aires. His policies to limit food inflation and contain prices were criticized by the agriculture sector.
CHILE:
On March 25, Chile’s capital Santiago was thronged by thousands of protestors demanding higher food allowances.
CYPRUS:
Cypriot farmers dumped tons of milk outside Nicosia’s presidential palace on May 18, protesting high prices and production problems.
GREECE:
Athens was the scene of thousands protests by Greek workers against rising food and energy costs. The annual rate of consumer inflation in Greece accelerated to 8.9% during March. This was its highest point in nearly 27 years.
GUINEA:
Protests over fuel price rises led to one death in Guinea’s capital, Conakry on June 2. This is the deadliest unrest since a military coup took place last year. Witnesses and a Reuters reporter said that gunfire erupted in Conakry as protesters gathered in streets to torch tires and barricade roads in protest at a 20 percent increase in gasoline prices.
INDONESIA:
Indonesian farmers demonstrated in Jakarta, May 17, against increasing palm oil prices. APKASINDO is a group of smallholder farmers. It estimates that 25% to 25% of palm oil producers have stopped purchasing palm fruits from independent farmers. The ban has caused the palm oil price to drop 70% below the regional floor.
IRAN:
As rallies grow, price protests in Iran turn into political demonstrations. In early May protests erupted due to the government’s decision to cut subsidies. This resulted in price rises of as high as 30% in Iran for various flour-based staples. Some basic products, such as dairy products and cooking oil were also increased in price by the government.
Fars news agency reported that Iranian pensioners demonstrated in Iran June 6, in protest against the rising living cost. This was a new demonstration, and a challenge for authorities struggling with unrest over weeks. Fars writes that about 1,000 elderly people peacefully protested and were later escorted in the city by police.
KENYA:
The protest was held in Nairobi on May 17. It asked for a reduction of the cost of living and food prices.
LEBANON:
To protest rising prices, truck drivers and buses from Lebanon and other countries blocked the roads on January 1. Protesters charge politicians with failing to resolve an ongoing economic crisis which has existed since 2019.
PALESTINIAN TERRITORIES
On June 6, the Palestinian Police made several arrests as protests against rising food prices spread ahead of planned strikes to demand that action be taken by the cash-strapped Palestinian Authority. According to the Palestinian Central Statistics Bureau, the increase in food prices was between 15% and 18%.
PERU:
Peru’s army was deployed on roads in April to respond to angry protestors of rising fuel and food costs. Peru has seen its highest inflation rates in 25 years.
SRI LANKA
After a day’s anti-government protests and strikes, Sri Lankan President Gotabaya Rajapaksa declared an emergency. The confluence between the COVID-19 pandemic and rising oil prices, as well as populist tax cuts made by the Rajapaksas, created Sri Lanka’s unprecedented economic crisis.
SUDAN:
According to medics, March saw a gunshot wound and the death of a man protesting a military coup in Sudan. This was followed by an economic slump. Since the October military coup, Sudan’s currency lost over a third its value, prompting an increase in fuel prices and food costs.
TUNISIA:
Tunisia announced on May 11 that it will raise prices for some food items, including eggs, milk and poultry. This was in response to farmers’ protests against an increase in prices for animal feed barley.
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