THE EUROPEAN COMMISSION,
Having regard to the Treaty on the Functioning of the European Union,
Having regard to Council Regulation (EC) No 1257/96 of 20 June 1996 concerning humanitarian aid1 , and in particular Article 2, Article 4 and Article 15(2) and (3) thereof,
Having regard to Council Decision 2013/755/EU of 25 November 2013 on the association of the overseas countries and territories with the European Union ('Overseas Association Decision')2 , and in particular Article 79 thereof,
• In Q1-2018, the FAO cereal price index rose by 8.6 percent from Q1-2017, while the global food price index declined by 2 percent year-on-year.
• The real price for wheat was 22 percent above Q1-2017 levels: crops suffered dryness in the United States and cold weather in Europe and the Commonwealth of Independent States, leaving production forecasts open to a downward revision.3 World ending stocks remain at record levels.
• In Q4-2017, the global food price index of FAO dropped by 2 percent compared to Q3 and remained at approximately the same level as one year ago.
In contrast, the cereal price index rose by 7.6 percent in comparison to Q4-2016.
• Although the real price2 of wheat fell by 2 percent from Q3-2017, prices are still 19 percent higher than in 2016, even though world ending stocks of wheat are at record levels.
• In Q4, the real price of maize was low at US$119/ mt with only slight variation from Q3-2017 and the previous year.
• The upward trend of FAO’s global food price index in 2017 continued in Q3, with the index 7 percent higher than in Q3-2016; this is particularly the result of higher dairy prices. The FAO cereal price index rose by 8.2 percent over the same period.
• The real price2 of wheat rose by 4 percent from Q2-2017. Although prices are significantly higher than in Q3-2016, world supplies are abundant and production forecasts for Russia and the EU are very favourable.
On Monday 16 October 2017 the Council adopted the EU Annual Report on Human Rights And Democracy in the World in 2016.
2016 was a challenging year for human rights and democracy, with a shrinking space for civil society and complex humanitarian and political crises emerging. In this context, the European Union showed leadership and remained strongly committed to promote and protect human rights and democracy across the world.
This bulletin examines trends in staple food and fuel prices, the cost of the basic food basket and consumer price indices for 69 countries in the second quarter of 2017 (April to June). The maps on pages 6–7 provide impact analysis dis-aggregated to sub-national level.
Caritas aims to reduce the incidence and impact of poverty in Aotearoa New Zealand and around the world. There is no single solution to poverty and it can take many forms. Each response must be context-specific and often multifaceted. Caritas’ approach places people at the centre of development and seeks the good of every person and the whole person. It is community based, and recognises the importance of family and community in a person’s life.
UNDP has a presence on the ground in over 170 countries and territories and decades of concrete development experience in countries ranging from fragile States to middle-income countries like Brazil and Indonesia. This, combined with our four focus areas — poverty reduction and achievement of the Millennium Development Goals (MDGs); democratic governance; crisis prevention and recovery; and environment and sustainable development — make us uniquely situated and qualified to answer the UN’s call for a better and more sustainable future.