NEW YORK, 16 Feb. The number of chronically hungry people is approaching one billion, a figure that was reached during the food crisis of 2007-08, which is a clear sign of rising food prices in poor countries, according to a World Bank (WB). World Bank President Robert Zoellick said Tuesday that rising food prices has meant that 44 million people suffer from extreme poverty, a problem closely associated with hunger.
This increase suggests that the number of undernourished people, the UN last year amounted to 925 million, would reach 1,000 million by the end of this year by the effect of rising prices. "The trend is worrying the billions," said Zoellick. "The global food prices are rising to dangerous levels," she complained.
"The rising prices are pushing many people into poverty and undermine the most vulnerable who spend over half their income on food," he added. The G20 finance ministers will meet Friday in Paris to discuss measures to stop the increase in prices, pushing up inflation. France, which chairs this year the group has placed in the center of its policy of food security in the world.
Brazil and reported its position on the subject. "Brazil is totally opposed to the use of mechanisms to control or regulate the price of goods," the country's finance minister, Guido Mantega. "Most of these property prices will fall when the market is restored by itself," he said. For its part, France has rejected any proposal that suggests direct regulation of prices.
On the other hand, is pushing to tighten controls on speculators, restricting the use of export bans and develop better information for wheat markets conducted by the exporting and importing more important. THRESHOLD OF 1,000 MILLION The number of chronically hungry people exceeded one billion, one sixth of the planet, for the first time two years ago.
Before the food crisis, the number of hungry people was 850 million, a figure that has remained constant since the early 1980's. Zoellick said the price increase has occurred close to the crisis of 2007-08, suggesting that the world faces a "unique event." Thus, the long-term demand suggest that prices will increase in the "next few years." Prices of wheat, corn and soybeans has increased for 30 consecutive months due to poor harvests, export restrictions, low stocks and rising demand from emerging countries and the development of biofuels in the U.S.
and Europe . Although the authorities have found comfort in the stable prices of rice, a major food and main meal for 3,000 million Asians. In addition, good yields in Africa are maintaining stable prices locally, despite strong international growth. 
This increase suggests that the number of undernourished people, the UN last year amounted to 925 million, would reach 1,000 million by the end of this year by the effect of rising prices. "The trend is worrying the billions," said Zoellick. "The global food prices are rising to dangerous levels," she complained.
"The rising prices are pushing many people into poverty and undermine the most vulnerable who spend over half their income on food," he added. The G20 finance ministers will meet Friday in Paris to discuss measures to stop the increase in prices, pushing up inflation. France, which chairs this year the group has placed in the center of its policy of food security in the world.
Brazil and reported its position on the subject. "Brazil is totally opposed to the use of mechanisms to control or regulate the price of goods," the country's finance minister, Guido Mantega. "Most of these property prices will fall when the market is restored by itself," he said. For its part, France has rejected any proposal that suggests direct regulation of prices.
On the other hand, is pushing to tighten controls on speculators, restricting the use of export bans and develop better information for wheat markets conducted by the exporting and importing more important. THRESHOLD OF 1,000 MILLION The number of chronically hungry people exceeded one billion, one sixth of the planet, for the first time two years ago.
Before the food crisis, the number of hungry people was 850 million, a figure that has remained constant since the early 1980's. Zoellick said the price increase has occurred close to the crisis of 2007-08, suggesting that the world faces a "unique event." Thus, the long-term demand suggest that prices will increase in the "next few years." Prices of wheat, corn and soybeans has increased for 30 consecutive months due to poor harvests, export restrictions, low stocks and rising demand from emerging countries and the development of biofuels in the U.S.
and Europe . Although the authorities have found comfort in the stable prices of rice, a major food and main meal for 3,000 million Asians. In addition, good yields in Africa are maintaining stable prices locally, despite strong international growth.
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