Friday 25 April 2008

Paulson sees no food shortage in US

Apr. 24 - Treasury Secretary Paulson said while food prices may be rising higher, there are no shortages of food.

On Thursday, Brazil - in the footsteps of India - said it was suspending rice exports in order to feed its own people and keep prices stable.

The country said it would also sell rice from its own stockpiles.

Deborah Lutterbeck reports.

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