Saturday, April 12, 2008

Rice Subsidies


A while back, there was a post on this blog about Hatians eating dirt cookies as a result of the incredibly poor state the majority of the country was in. Currently, violent protests and demonstrations have been going on against rising food prices in the country. The protests are responsible for at least five deaths and The president, Preval, just announced new rice subsidies that would lower its cost by 15 percent. The money for these new reductions in price would come from international aid money and the reduction of profit margins from private rice producers. Preval's prime minister, Jacques-Eduoard Alexis (picture), is largely blamed for the economic state of the country and just received a 16-1 vote of no-confidence from the Hatian senate. Here's the link to the New York Time's article:
http://www.nytimes.com/2008/04/13/world/americas/13haiti.html?ref=americas

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