Subscribe to Dollars & Sense magazine. Recent articles related to the financial crisis. Food Crisis: Credit-Starved Turn To BarterFrom The Financial Times:Nations turn to barter deals to secure food By Javier Blas in London Published: January 26 2009 23:32 | Last updated: January 26 2009 23:32 Countries struggling to secure credit have resorted to barter and secretive government-to-government deals to buy food, with some contracts worth hundreds of millions of dollars. In a striking example of how the global financial crisis and high food prices have strained the finances of poor and middle-income nations, countries including Russia, Malaysia, Vietnam and Morocco say they have signed or are discussing inter-government and barter deals to import commodities from rice to vegetable oil. Labels: financial crisis, food crisis, food security |