Nestle understands food, and food riots

Nestle chief warns of new hunger riots due to rising food prices - The Economic Times: "The head of the world's biggest food company Nestle said Friday that rising food prices have created conditions "similar" to 2008 when hunger riots took place in many countries.

"The situation is similar (to 2008). This has become the new reality," the Swiss giant's chairman Peter Brabeck-Letmathe told the Salzburger Nachrichten daily in his native Austria in an interview.

"We have reached a level of food prices that is substantially higher than before. It will likely settle down at this level.
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