WASHINGTON, November 29, 2012 - The world cannot afford for high and volatile food prices to be the "new normal," while millions of people continue to suffer from hunger and to die from malnutrition, the World Bank Group warned today. "A new norm of high prices seems to be consolidating," said Otaviano Canuto, World Bank Group's Vice President for Poverty Reduction and Economic Management. "The world cannot afford to be complacent to this trend while 870 million people still live in hunger and millions of children die every year from preventable diseases caused by malnutrition." According to the latest edition of the World Bank Group's Food Price Watch report, published quarterly, global...
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