Friday, January 12, 2007

Conservative Takes Over; People Go Hungry

Unfortunately, this is not going to be the last of the problems for Mexicans facing their new conservative ruler:

Mexico's president says he will tackle the price of tortillas, the corn-based foodstuff that acts as a dietary staple for millions of the country's poor.

Tortilla prices have soared by as much as 400 per cent recently and Felipe Calderon said on Thursday the government would take 'all the measures within reach… to avoid escalating prices.'

The move could see the business-friendly conservative government face off with Mexico's powerful monopolies after a federal antitrust watchdog announced it was investigating allegations the country's corn tortilla companies were manipulating prices, and limiting supply, especially among the poor.

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