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http://www.elfinanciero.com.mx/inde...ndial-alerta-sobre-altos-precios-de-alimentos
Spanish to English translation
World Bank warns of high food prices
Economy - Tuesday, November 1, 2011 (16:03 hrs)
In one year , the price of corn rose 43%
( Photo : File )
Lanie Ramirez / El Financiero in line
Mexico , 1 November .- The price world of food continue to rise and unstable , situation that hits on all the countries most poor and adds to the tension that lives the economy worldwide , warned the Bank World .
In face of the meeting that the G-20 held in Cannes, France , the agency published the study "Alert on prices of food " in that highlights the increase in prices in spite of that the rate of the Bank has remained without change between July and September . If either the index concerned the Bank fell by 5% from the peak reached in February 2011 and recorded a new low marginal 1% in September , is still 19% for on the levels of September 2010. "The crisis of the food not being overcome " , said the President of the Group of Bank World , Robert B. Zoellick , who has urged the G-20 to give priority to the issue . "In Cannes, the G20 can and should take steps to confront the needs of the millions who suffer from malnutrition and hunger " . According to the report ,prices of cereals increased by 30% ( between September 2010 and the same months 2011), the corn rose 43%, rice 26% and wheat 16%, while that of soybean oil increased 26% . The problem is more serious according to the study is that l I countries would now developing very few resources to protect vulnerable people after the economic crisis and the costs incurred by the stimulus packages
Spanish to English translation
World Bank warns of high food prices
Economy - Tuesday, November 1, 2011 (16:03 hrs)
In one year , the price of corn rose 43%
( Photo : File )
Lanie Ramirez / El Financiero in line
Mexico , 1 November .- The price world of food continue to rise and unstable , situation that hits on all the countries most poor and adds to the tension that lives the economy worldwide , warned the Bank World .
In face of the meeting that the G-20 held in Cannes, France , the agency published the study "Alert on prices of food " in that highlights the increase in prices in spite of that the rate of the Bank has remained without change between July and September . If either the index concerned the Bank fell by 5% from the peak reached in February 2011 and recorded a new low marginal 1% in September , is still 19% for on the levels of September 2010. "The crisis of the food not being overcome " , said the President of the Group of Bank World , Robert B. Zoellick , who has urged the G-20 to give priority to the issue . "In Cannes, the G20 can and should take steps to confront the needs of the millions who suffer from malnutrition and hunger " . According to the report ,prices of cereals increased by 30% ( between September 2010 and the same months 2011), the corn rose 43%, rice 26% and wheat 16%, while that of soybean oil increased 26% . The problem is more serious according to the study is that l I countries would now developing very few resources to protect vulnerable people after the economic crisis and the costs incurred by the stimulus packages