Tuesday, February 15, 2011

World Bank: Food Prices Are Approaching Dangerous Levels

Food Prices At Dangerous Levels, Says World Bank -- BBC

The World Bank says food prices are at "dangerous levels" and have pushed 44 million more people into poverty since last June.

According to the latest edition of its Food Price Watch, prices rose by 15% in the four months between October 2010 and January this year.

Food price inflation is felt disproportionately by the poor, who spend over half their income on food.

The Bank called on this week's G20 meeting to address the problem.

Read more ....

More News On Concerns Over Rising World Food Prices

World Bank: Food prices at "dangerous levels"
-- Yahoo News/AP
Food prices at dangerous levels: Robert Zoellick -- Reuters
Food Prices Pushed More Into Poverty, World Bank Says -- Bloomberg
World Bank: Rising Food Prices Force Millions Into Poverty -- Wall Street Journal
Food prices push 44 mn into poverty: World Bank -- AFP
World Bank: Food prices at "dangerous levels" -- AP
World Bank report: Jump in global food prices pushes millions into poverty -- Washington Post
Chronic hunger to affect 1bn people -- Financial Times
Trading Food Inflation -- Jason Raznick, Forbes

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