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Rising Food Prices - The World Bank

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Uploaded by on Apr 11, 2008

High food prices are threatening recent gains in overcoming poverty and malnutrition, and are likely to persist over the medium term, says a new World Bank Group policy note released today.

"Poor people are suffering daily from the impact of high food prices, especially in urban areas and in low income countries," said World Bank Group President Robert B. Zoellick. "In some countries, hard-won gains in overcoming poverty may now be reversed. As an international community we must rally not only to offer immediate support, but to help countries identify actions and policies to reduce the impact on the world's most vulnerable."

According to Rising Food Prices: Policy Options and World Bank Response, increases in global wheat prices reached 181 percent over the 36 months leading up to February 2008, and overall global food prices increased by 83 percent. Food crop prices are expected to remain high in 2008 and 2009 and then begin to decline, but they are likely to remain well above the 2004 levels through 2015 for most food crops.

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  • The world bank is nothing more than gangsters that use debt to enslave populations of people. They act like concerned humanitarians but in fact, are sociopathic control freaks.

  • I suggest reading "Confessions of an Economic Hit Man"

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  • @BigWhistleBlower i suggest you open your eyes, this " economic hit man " hahaha

    That wont explain anything, i suggest you watch " illuminati in 15 minutes " and then' know! The people behind the Money and the Banks are Evil Satanic, Luceferian Worshipers.

    im not saying the Economic hit man doesn't exist, im just saying WHAT EVER ..

    i also watched a looooong video here on utub about the Economic hitmen, but again  What ever.

  • and hydrogen production from wind and solar to power vehicles, there's abundant energy but a false Idea that it can't work, yes it can . It's economically feaesable, it's just that Oil companies don't want to be left behind ,so they spend a lot of money trying to convince everyone that we need Oil for transport. We need Oil for it's chemical properties, why are we wasting it so much? screw these banks and Wall street types, they get rich while producing nothing, they are useless as we can see.

  • This is not a shock! This is controlled action by speculators in the derivatives market. Enough. Power to the people!!

  • its all controlled...many are sitting pretty from what goes on ....there is no shortage of anything just men controlling what happens to gain from it ......all governments were usurped long ago.....the bankers control the money therefore everything............

  • RON PAUL FOR USA PRESIDENT 2012!!! RON PAUL CARES!!!

  • I think America needs to modernize the energy and transportation system, without wasting all the taxpayer's money.

    Example:

    + Building the fastest modern train system to reduce the delivery price.

    + Hydrogen fuel trucks, and delivery trucks to reduce the market, gas, and delivery price.

  • i totally agree with what ur saying..

    lol im also a canadian//

    but if you watch carefully most of this video is corrupted to be on the world banks side as if they were saviours..

    but the real truth is the contributing to most of the problems than they are the solution

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