US releases $200 mn to hold food price spiral
April 15th, 2008 - 5:09 pm ICT by admin - Send to a friend:Xinhua
Washington, April 15 (Xinhua) US President George W. Bush has announced a $200 million emergency aid as part of efforts to contain spiralling global prices of food items. The announcement Monday of the aid package came after World Bank chief Robert Zoellick a day earlier appealed to governments to take steps to avoid an explosive situation arising out of worldwide price hikes.
Presidential spokesperson Dana Perino earlier told reporters that the US was “looking at ways to meet some of the ongoing food needs of certain countries, beyond what has already been provided.”
She noted the need to identify the source problems to put a long term plan in place that can help in taking care of the world’s poor and hungry.
Zoellick warned Sunday that countries including Haiti, Egypt and the Philippines are facing civil unrest caused by the food shortage and price surge.
He also urged the international community “to put our money where our mouth is” and act now to help hungry people.
“It is critical that governments confirm their commitments as soon as possible and others begin to commit,” Zoellick said at a press conference after the bank’s development committee’s meeting.
Xinhua
Related Stories
- World Bank echoes India’s call to stem food prices - April 14, 2008
- Food price hikes could spark unrest, says IMF - April 13, 2008
- Worst of food riot is not over: IMF - April 18, 2008
- Surging food prices could slow poverty reduction by seven years - April 12, 2008
- US releases more aid to help ease food crisis - April 30, 2008
- UN renews call for more aid on World Food Day - October 24, 2008
- Venezuela to send more aid to storm hit Haiti - September 8, 2008
- Wyclef Jean launches charity to help homeland Haiti - May 22, 2008
- Food prices to remain high until 2012 - July 13, 2008
- Dominican president moots fund to help poor nations buy oil - July 13, 2008
- Thirty-three countries facing grave food crisis: Report - October 15, 2008
- Governments urged to take steps to increase food production - April 20, 2008
- What warming? Climate change slips down global priorities - October 14, 2008
- World leaders to hold crisis talks on food security - June 1, 2008
- UN urges Africa to take steps to avert food price rise - June 17, 2008
- World
- civil unrest
- dana perino
- development committee
- emergency aid
- explosive situation
- food items
- food price
- food shortage
- george w bush
- global prices
- president george w bush
- price hikes
- price surge
- robert zoellick
- source problems
- spokesperson
- us president george
- world bank chief
- worldwide price
- xinhua
Posted in World, |

