Poverty rises as food prices increase
Sunday, April 17, 2011
The World Bank, an organization that provides loans to developing countries, warned Thursday that rising food prices are driving millions of people deeper into poverty.
Robert Zoelick, World Bank president, said that food prices have risen 36% over the last year, pushing 44 million more people into poverty since last June. About 1.2 billion people are extremely poor.
He wRead More…