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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,...
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World Bank's Sour Outlook On Food Prices
Putting food on the table isn't going to get easier for the world's poor anytime soon, the World Bank said Tuesday. Juan Jose Daboub, managing director of the World Bank, said it believes the phenomenon of high food prices is "here to stay for a few years, not for a few weeks or a few months. The...
World Bank warns rising food costs could raise global poverty over next 3 years
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...
WB: food prices to stay high
Wednesday, May 21, 2008 SINGAPORE: The World Bank warned on Tuesday that it expects the cost of staple foods such as rice to stay high for years but said the world’s food markets were intact and needed no intervention. “This is not a few weeks, few months thing. It could be two or three years,”...
Rising prices may increase global poverty in 3 years
SINGAPORE: : World Bank managing director Juan Jose Daboub on Tuesday warned 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...
World Bank's Gloomy Food For Thought
The food-starved future of the globe’s poverty-stricken may not brighten anytime soon, the World Bank said Tuesday. The international lending agency said food prices for items such as rice will remain high for the next two to three years, countering efforts to fight poverty. Juan Jose Daboub,...
High food prices could last three years: World Bank official
SINGAPORE: The prices of staple foods such as rice could stay high for the next three years, hindering the battle against poverty, a top World Bank official said. Food prices had risen at a "startling" speed, giving governments and communities little time to respond, the bank's managing director...
World Bank warns rising food costs could raise global poverty over next 3 years
SINGAPORE: 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 pover
World Bank warns rising food costs could raise global poverty over next 3 years
Ny Eileen Ng, The Associated Press SINGAPORE -- A top World Bank official warned today 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...
High food prices could last three years: World Bank official
SINGAPORE (AFP) - The prices of staple foods such as rice could stay high for the next three years, hindering the battle against poverty, a top World Bank official said Tuesday. Food prices had risen at a "startling" speed, giving governments and communities little time to respond, the bank's...
World Bank: High food prices could last three years
The prices of staple foods such as rice could stay high for the next three years, hindering the battle against poverty, a top World Bank official said on Tuesday. Food prices had risen at a "startling" speed, giving governments and communities little time to respond, the bank's managing director,...
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