as we all know that philippines is the agricultural country, so WHY? we must experience this kind of Crisis.What is the system of philippine Government which they encounter Rice Crises and Oil price High?
My wife is a Filipina and connected to the military and police. Apparently, the Chinese merchants control much of the agricultural trade and have stockpiled rice to drive up the price. The NBI is raiding storehouses and releasing the rice. There is no scarcity, just an artificial shortage. Oil is expensive because almost all oil is in an international pool governed largely by OPEC. There is plenty of oil, but speculators have driven up the price. Oil is now in a ';price bubble'; that will break in the future.
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