As you can see in the picture in the right (for source, click on it), food grain prices in international markets has been spiking in the end of 2010 – again, after they already did in 2008, the year of “hunger revolts” in the developing world. It is clear that something must be done to prevent another crisis. Today I would like to shortly comment an article by Pascal Lamy, Director-General of the WTO, on that subject. Continue reading