Monday, March 5, 2012

Haiti president announces drop in price of rice in wake of riots, protests

President Rene Preval has announced a drop in the price of rice following days of deadly rioting over the rising cost of food in Haiti.

Preval says the price of a 50-pound (23-kilogram) bag of rice will drop from US$51 (euro32) to US$43 (euro27).

The Haitian president, who is meeting Saturday with food importers in the national palace, says the …

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