" The World is entering a danger zone."
Posted 14 weeks 1 day ago byAccording to World Bank President's Robert Zoellick.
Ahead of the G8 summit, taking place in Japan from July 7 to July 9, he is making an urgent appeal for G8 leaders and major oil producers " To act now to address the man made catastrophe" caused by soaring food and oil prices.
In a letter, to Japan's Prime Minister Fukuda and all the others G8 leaders, sent on July 1st, Zoellick warned that : " We are entering a danger zone". Further he added that " the crisis has worsened since April."
Further R. Zoellick said: "For the first time since 1973, the world is being hit with a combination of record oil and food prices, threatening to drive over 100 million people into extreme poverty and reverse the gains made over the last seven years."
The numbers are bad. Some 41 countries have lost 3% to 10% of their GDP from rising food, fuel and commodity prices since January 2007. Over 30 countries have been hit by food riots.
To read the 3 pages letter of the World Bank president's to Prime Fukuda and each of the G8 leaders go to:
http://siteresources.worldbank.org/NEWS/Resources/zoellick-fukuda-070108.pdf
Note: I am a French filmmaker/photojournalist based in the US since 1983. To view my photo/editorial web site go to : http://www.digitalrailroad.net/Mercier
Thoughts
Reason
Submitted on July 18th, 2008 by AnonymousFood and Fuel are most of the cause of those things, and things over which wars are fought.
Crisis, again?
Submitted on July 7th, 2008 by rom12921Are you saying food and fuel are more important than Global Warming, Iraq, recent natural disasters and terrorism?
but
Submitted on July 6th, 2008 by John 2000It seems to me that the US is doing a lot of contributing and activities to help Africa with its problems:
http://www.whitehouse.gov/infocus/africa...
It seems to me that the EU is falling all over its face on its 'commitments' as usual.
http://www.guardian.co.uk/world/2008/jun...
Liu, of China, says "China’s aid policy was aimed at a win-win situation in which both it and the aid recipients would benefit. That strategy lay behind its investments in infrastructure and mineral exploitation in Africa and elsewhere."
And Russia seems most interested from the view of competing with China :
http://ipsnews.net/africa/nota.asp?idnew...
Some have argued that aid to Africa is doing more harm than good.
The US cannot do it all. We have many problems to deal with on the home front.