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" ... Indeed, there is a longrun link between food prices and unrest that goes back to and beyond the French Revolution. More recently in 2007, as dollar and commodity price volatility marked the beginning of the global financial crisis, a spike in soft (agricultural) commodities led to unrest in countries as diverse as Haiti, Mozambique and Bangladesh. ... "
" ... Markets have already reacted strongly. The euro has rallied over three percent to the dollar and European equity markets are up 20% over the last month. There may be some profit taking in coming days, but in the longrun the sceptical view of many traders on Europe might change. It seems that whenever there is a macro or financial crisis, or whatever making, one knee-jerk reaction in London or New York is to presume the collapse of the euro-zone. ... "