Apr
19
19/04/2011
The president of the World Bank has warned that the world is "one shock away from a full-blown crisis". Robert Zoellick cited rising food prices as the main threat to poor nations who risk "losing a generation". "Waiting for the situation to stabilise will mean lost opportunities. In revolutionary moments the status quo is not a winning hand." He was speaking in Washington at the end of the spring meetings of the World Bank and International Monetary Fund.
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