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World Bank Highlights Significant Food Price Rises

“Rising food prices pushed tens of millions of people into extreme poverty last year and are reaching ‘dangerous levels’ in some countries, World Bank President Robert Zoellick said Tuesday as he released new data showing that the cost of grain and other staples is near a historic high,” the Washington Post reports (Schneider, 2/15). About 44 million people in developing countries have been pushed into poverty because of food prices that have risen since June, according to information from the bank, which was released ahead of the G20 meeting of finance ministers and central bank heads, a World Bank press release states (2/15).

FAO Head Highlights Food Security Concerns, Need For More Agriculture Investment

Rising oil prices and the recent drawdown in global cereal stocks could lead to a supply crisis and raise the risk of food riots in developing countries similar to those that occurred between 2007 and 2008, U.N. Food and Agriculture Organization (FAO) Director General Jacques Diouf said in an interview with Reuters on Monday.

Also In Global Health News: AusAID Fraud; House Foreign Affairs Committee Chair Responds To FY12 Budget; Drug Substitution Programs In Ukraine; Global Development Book

Documents Suggest Australian Aid Program Affected By Fraud, Corruption Documents show that Australia’s “foreign aid program is plagued by record levels of fraud, with millions of dollars being stolen by corrupt officials and overseas agencies,” the Daily Telegraph reports. “AusAID has 175 cases of fraud under investigation – stretching across 27 countries and…

FAO Food Price Index Decreased In March, But Drop Might Not Be Permanent

The U.N. Food and Agriculture Organization (FAO) said on Thursday that world food prices dropped last month for the first time in eight months, “but it warned that prices may resume rising as higher output may not be enough to replenish low stock levels,” the Wall Street Journal reports (Henshaw, 4/7).

U.N. General Assembly Passes Resolution Urging Renewed Efforts To Fight Malaria

Ahead of World Malaria Day on April 25, the U.N. General Assembly on Monday adopted a resolution urging governments, U.N. agencies, nongovernmental organizations (NGOs), and private foundations to accelerate their efforts and build upon established successes in the fight against the disease, particularly in Africa, Deutsche Presse-Agentur/M&C reports.

AP Reports On Global Fund Malaria Drug Thefts, Issues Correction

The Associated Press on Wednesday published an article reporting that hundreds of millions of dollars of malaria medication had been stolen from the Global Fund to Fight AIDS, Tuberculosis and Malaria, but later issued a correction (4/20).

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