Asia Clamps Down on Rice Profiteers.

The article reports on clampdowns executed by authorities on rice profiteers in Asia. The police in India have raided warehouses around New Delhi and Mumbai in a bid to prevent traders from illegally hoarding large inventories of rice. Philippine President Gloria Macapagal Arroyo has demanded a stop to the sale of subsidized rice in public markets. It adds that the speed of the increase in the price of rice is driven by hoarding and theft.