World Bank issues urgent plea on food crisis

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Posted: April 14th, 2008 by Thomas L. Knapp

“Rapidly rising prices of food is expected to push 100 million people deeper into poverty because a higher percentage of their low incomes are used for food the head of the World Bank warned. Robert Zoellick’s warning came at a semi-annual gathering of the World Bank that coincides with that of the International Monetary Fund, whose leader had warned that hundreds of thousands of people were at risk of starvation. World Bank and IMF officials have come up with a plan to ease the crisis that on Sunday caused a reorganization of the government after riots over food erupted there. The World Bank will respond to that crisis with a $10 million feeding plan.” (04/14/08)

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