World Bank calls for ‘New Deal’ to fight hunger
With skyrocketing food prices critically threatening the world’s poor, the World Bank on Wednesday called on the international community to mount a wide-ranging “New Deal” fight against hunger.
“We need a New Deal for Global Food Policy,” World Bank president Robert Zoellick said in a speech to a Washington think tank ahead of next week’s spring meetings of the World Bank and the International Monetary Fund. Referring to a 1930s US government program that tackled the problems of the Great Depression, Zoellick said that the new New Deal for Global Food Policy should start by helping those who are most immediately threatened with malnutrition and starvation.
Zoellick, who made agriculture a priority when he took office in July, urged countries to provide the minimum $500 million immediately sought by the World Food Program (WFP) to face the mounting food crisis. (The Economic Times)
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.