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13.07.2008 - World Bank chief expects high food prices to persist

The head of the World Bank, Robert Zoellick, says food prices will remain high until 2012.

The Czech Republic news are represented by www.prague-apartments-hotels.com

Speaking at a World Bank event in the Dutch capital Amsterdam, Zoellick added that energy prices would also remain high and volatile. Zoellick estimates that poor countries will need some 6 billion US dollars in food aid every year to cope with rising prices.

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Welle)


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