Monday, April 14, 2008

World Bank Chief Calls for Immediate Action on Deepening Global Food Crisis

Food has once again become scarce in many parts of the world, not because we don't have enough, no, because our leaders have bought into the biggest scam in history. In an effort to reduce "Climate Change", food is now being used for fuel. Instead of eating it we are driving with it. Al Gore and the U.N. are the primary reason for this fiasco, that will only get worse as their shrieking only intensifies as the truth about the scam becomes ever more apparent. The Global Warming scaremongering will lead to global starvation, but hey, as long as we can prevent a 1 degree increase it will all be worth it right Al?

H/T Washington Post

The president of the World Bank yesterday urged immediate action to deal with sharply rising food prices, which have caused hunger and violence in several countries.

Robert B. Zoellick said the international community has to "put our money where our mouth is" now to help hungry people. Zoellick spoke as the bank and its sister institution, the International Monetary Fund, ended two days of meetings in Washington.

He called on governments to rapidly carry out commitments to provide the U.N. World Food Program with $500 million in emergency aid by May 1. Prices have only risen further since the program issued that appeal, so it is urgent that governments step up, he said.

Zoellick said that the fall of the government in Haiti over the weekend after a wave of deadly rioting and looting over food prices underscores the importance of quick international action.

He said the bank is granting an additional $10 million to Haiti for food programs.

Zoellick said that international finance meetings are "often about talk," but he noted a "greater sense of intensity and focus" among ministers; now, he said, they have to "translate it into greater action."

The bank, he said, is responding to needs in a number of other countries with conditional cash-transfer programs, food and seeds for planting in the new season.

"This is not just a question of short-term needs, as important as they are," Zoellick said. "This is about ensuring that future generations don't pay a price, too."

The head of the IMF also sounded the alarm on food prices, warning that if they remain high there will be dire consequences for people in many developing countries, especially in Africa.

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