World Bank warns about rising food prices (Lexington Herald-Leader)

Posted by - May 20th, 2008

A top World Bank official warned Tuesday that global poverty levels could surge over the next three years due to rising food costs and predicted no letdown in the price of rice. Already, rising food and fuel prices over the past two years have pushed some 100 million people back into poverty, living below $2 a day, said World Bank Managing Director Juan Jose Daboub. Food costs are on …



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