The World Bank and IMF must step up their support for developing countries who are struggling with spiking food prices along with the fallout from Europe's fiscal crisis, international agency Oxfam said ahead of the annual meeting of the institutions in Tokyo this week.
World food prices are now close to their 2008-2009 peak and the economic downturn in Europe and the US is hurting poor country revenues. Worse still, food price...
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Speaking at the end of the Rio+20 UN Summit on Sustainable Development, Barbara Stocking, chief executive, Oxfam said:
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The Rio+20 Summit will fail if it agrees to current proposals, which risk worsening the divide between environment and development efforts, warned anti-poverty and environmental campaigners today.
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