Venezuela President Nicolas Maduro accused Lorenzo Mendoza, owner of Empresas Polar SA, Venezuela’s largest privately held company, of reducing food production and creating shortages amid record scarcity and the region’s fastest inflation.
The Howard G. Buffett Foundation will donate $5 million to help develop a hydro power project in Democratic Republic of Congo’s Virunga National Park, home to a quarter of the world’s remaining endangered mountain gorillas.
The Thai baht’s rally to the highest level in 16 years is hindering exports from the world’s biggest rice shipper, curbing the government’s efforts to diminish record state stockpiles and threatening to increase its losses.
President Barack Obama is proposing a fundamental shift in how the U.S. feeds the hungry overseas, a plan the administration says will help more people for less money though critics warn it will cost jobs at home.
Biofuels will cost U.K. motorists about 460 million pounds ($707 million) this year as the government increases their use in transport fuel, driving up food prices in poorer countries, Chatham House said.