It was an ecological disaster that occurred on the other side of the planet. Yet the drought that devastated the Australian wheat harvest last year had consequences that shook the world. It sent food prices soaring in every nation. Wheat prices across the globe soared by 130%, while shopping bills in Britain leapt by 15%.
A year later and the cost of food today has still to fall to previous levels. More alarmingly, scientists are warning that far worse lies ahead. A "perfect storm" of food shortages and water scarcity now threatens to unleash public unrest and conflict in the next 20 years, the government's chief scientist, Professor John Beddington, has warned. (more)