- Prison Planet.com - http://www.prisonplanet.com -

Rising food prices nearing danger point: World Bank

Posted By admin On February 20, 2011 @ 7:29 am In Money Watch | Comments Disabled

AFP [1]
Feb 20, 2011

World Bank president Robert Zoellick warned leaders of the top global economies Saturday that the world is reaching a danger point where soaring food prices threaten further political instability.

“I mentioned that we are reaching a danger point,” Zoellick said, adding that he had urged G20 finance ministers and central bank chiefs meeting here to “put food first in 2011.”

Zoellick said rising prices would eventually result in increased food supplies but in the intervening couple of years, “there could be an awful lot of turmoil and governments could fall and societies could go into turmoil.”

Soaring food, fuel and other basic costs have been one of the key factors driving political unrest across the Middle East and North Africa which has forced the ouster of long-standing autocratic rulers in Egypt and Tunisia.

Full article here [1]

Stock up with Fresh Food that lasts with eFoodsDirect (AD) [2]

Rising food prices nearing danger point: World Bank   101210banner4 [3]


Article printed from Prison Planet.com: http://www.prisonplanet.com

URL to article: http://www.prisonplanet.com/rising-food-prices-nearing-danger-point-world-bank.html

URLs in this post:

[1] AFP: http://www.rawstory.com/rs/2011/02/19/rising-food-prices-nearing-danger-point-world-bank/

[2] Stock up with Fresh Food that lasts with eFoodsDirect (AD): http://www.efoodsdirect.com/

[3] Image: http://www.stansberryresearch.com/pro/1011PSIENDVD/PPSILC35/PR

[4] World Bank: Food prices have entered the ‘danger zone’: http://www.prisonplanet.com/world-bank-food-prices-have-entered-the-danger-zone.html

[5] High food prices threaten poorest: World Bank: http://www.prisonplanet.com/high-food-prices-threaten-poorest-world-bank.html

[6] World Bank’s Zoellick: Food Prices High Until 2012: http://www.prisonplanet.com/world-banks-zoellick-food-prices-high-until-2012.html

[7] World Bank President Zoellick Says Surging Food Prices Have Pushed 44 Million People Into Extreme Poverty: http://www.prisonplanet.com/food-riots-threaten-latin-america-on-surging-commodities.html

[8] Rising Food Prices Continue to Climb, with Prices Up 10% in July Alone: http://www.prisonplanet.com/rising-food-prices-continue-to-climb-with-prices-up-10-in-july-alone.html

Copyright © 2013 PrisonPlanet.com. All rights reserved.