Thursday, January 6, 2011

World Bank to Manage Food Supplies? via @RightSideNews

Thursday, 06 January 2011 08:17 The Daily Bell


Free markets can still feed the world ... Nicolas Sarkozy, France's president, has rightly identified food price volatility as a priority for his country as it chairs the Group of 20 leading economies this year ... With food accounting for a large and volatile share of tight family budgets in the poorest countries, rising prices are re-emerging as a threat to global growth and social stability. When prices of staples soar, the poor bear the brunt. Without global action, people in poor countries will be deprived of adequate and nutritious food, with tragic consequences for individuals and for the future prosperity of their countries. The G20 should agree to put food first – because food is the essence of life, and because practical action by the G20 could help make a real difference to hundreds of millions of people. – Financial Times


Dominant Social Theme: By empowering governments we accommodate freedom and provide as much food as necessary.


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