Food prices to make world poorer: WB

Associated Press
Posted: Tuesday, May 20, 2008 at 1433 hrs IST
Updated: Tuesday, May 20, 2008 at 1601 hrs IST

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Singapore, May 20:: them.

"There is no magic solution," Daboub said.

"I do think concerted action is necessary and called for...the key element in any longer-term solution will be to increase global food production.

There is no temporary solution." The World Bank is pushing for a new global food policy, which includes plans for safety nets for food security and immediate assistance for the poor in the short-term as well as longer-term policies to boost rice productivity, Daboub added....

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