Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-16-Speech-3-456-000"

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"en.20110216.15.3-456-000"2
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". The last few months have seen a sharp rise in food prices, as a result of which the number of people living on the margins of poverty has rapidly increased. The situation in Europe is not so critical, as our citizens’ incomes are incomparably greater than those in developing countries. Nevertheless, our voters too are becoming aware of increasing food prices. According to World Bank statistics, around 44 million people in developing countries have fallen into poverty since last June, since food prices at the beginning of 2011 have reached the 2008 level, when rising food and oil prices had a significantly adverse effect on poverty throughout the world. Of course, the price of oil in the world has an effect on food prices, but we should still remember that in the summer of 2008, oil was standing at USD 140 a barrel, whereas today it costs about USD 100, which means that the rise in prices has been partly caused by speculation. In order to avoid such situations in the future, the G20 countries must develop a mechanism to prevent such a price rise and speculation in foodstuffs. In order to achieve this, we must have joint working at an international level. The problem posed by variable food prices is further proof that we need a powerful common agricultural policy that is fair and provides a level playing field for all European farmers, so that our population can obtain good-quality food of high value at acceptable prices."@en1

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