High food prices may force aid rationing

Financial Times ^ | February 24 2008 22:02 | By Javier Blas in Washington and Gillian Tett in London

[Oberon]

I'm saying that the rising cost of oil in dollars is not only a function of increasing demand for oil... it's also a function of a decreasing demand for dollars. That is why these Gulf nations, whose currencies are pegged to the dollar, are experiencing high inflation even though they have almost entirely oil-based economies.

I know so little of the Euro and Pound that even I am aware of my ignorance, and so I won't dare comment on them.