| 29.04.2011 - Higher commodity prices for food and fuel a fact for the future |
| Soaring commodity prices are wreaking havoc on consumer's budgets here in the U.S., but experts say not to expect them to go down because the culprit is increased global demand for food and fuel. Increased demand from population growth in developing nations is not only causing prices to increase but it is also causing a scarcity of resources, according to Jeremy Grantham, who helped found Boston-based GMO asset management firm..............................................Full Article: Source |