News Briefs

  1/6/2011, Shevat 1, 5771

World Bank: Stabilize Food Prices

Robert Zoellick, Chairman of the World Bank, called on the G-20 nations to work to stabilize food prices. “The answer to food price volatility is not to prosecute or block markets, but to use them better," Zoellick wrote in an op-ed in the Financial Times Thursday. “By empowering the poor the G20 can take practical steps towards ensuring the availability of nutritious food," he wrote.