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Food prices: World Bank warns millions face poverty

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Viva_La_Revolution Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 01:04 PM
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Food prices: World Bank warns millions face poverty
Source: BBC

The World Bank has warned that rising food prices, driven partly by rising fuel costs, are pushing millions of people into extreme poverty.

World food prices are 36% above levels of a year ago, driven by problems in the Middle East and North Africa, and remain volatile, the bank said.

That has pushed 44 million people into poverty since last June.

A further 10% rise would push 10m more below the extreme poverty line of $1.25 (76p) a day, the bank said.

Read more: http://www.bbc.co.uk/news/business-13086979?utm_source=...
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