Worsening World Food Crisis

"Top finance officials from around the globe have called for urgent action to stem rising food prices, warning that social unrest will spread unless the cost of basic staples is contained.

"We have to put our money where our mouth is now, so that we can put food into hungry mouths. It is as stark as that," World Bank President Robert Zoellick said at the end of a meeting of the IMF and World Bank's Development Committee." Read this complete article on the Age website.

"With food riots reported across the globe from the Philippines to Haiti, the United Nations agricultural agency warned today that the cereal import bill of the world’s poorest countries is forecast to rise by over 50 per cent in the current fiscal year." You can access this article from the United Nations website.

You can find even more information about this issue from the Food and Agriculture Organization of the United Nations (FAO) report ‘Crop Prospects and Food Situation’, available from the FAO website.