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World hunger as pressing as ever
The American consumer isn't the only one feeling the pinch in the food market. The World Food Program is kicking off an "emergency appeal" for donations. According to a report in The Financial Times, the U.N. agency is asking world governments to give an additional $500 million, due to the rising cost of everything from bread to beef. The agency says if fresh money does not arrive by May 1, it will have to reduce rations to those who depend on it for meals. The agency is blaming its shortfall on a 20 percent spike in food costs in the past three weeks.
Posted on March 24, 2008 4:49 AM PT | Permalink
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