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Sunday, April 13, 2008

IMF in most serious food crisis warning

Thousands, hundreds of thousands of people will be starving. Children will be suffering from malnutrition, with consequences for all their lives.

These are the words of one of the most important global financial leaders: IMF head Dominique Strauss-Kahn.

The International Monetary Fund meeting in Washington was scheduled to talk about the credit and structural crisis but the food-related problems could not be avoided, specially after several countries already had food riots.

Strauss-Kahn also warned that it's not a humanitarian problem only: the food crisis will fuel conflicts and trade imbalances that can't but eventually affect the rich countries too.

Source: BBC: IMF head gives food crisis warning.

Food Crisis map
Map of Food Crisis (click to expand)

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