Friday, February 02, 2007

Ethanol creates Mexican tortilla crisis

Tortilla crisis hits the poor as clean fuel drives up corn price - World - Times Online: "The crisis, in which the price of tortillas has risen by 40 per cent in three months, has been blamed on a variety of factors, including hoarding by grain monopolies, rampant speculation and the North American Free Trade Agreement. Prices have also been affected by an increased US demand for corn as a source of ethanol, the alternative, ecofriendly fuel."