Monday, June 27, 2011

World’s richest countries to stem soaring global food prices

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By Patrick Kagenda & Agencies

The world`s biggest 20 economies last week agreed to a series of measures to try and stabilise global food prices after sudden erratic fluctuations caused global instability, especially in poorer countries. However critics have dismissed the measures introduced by the G-20 as being too weak.

French Agriculture minister Bruno le Maire emphasised that the plan set down concrete and ambitious proposals that would be put in place immediately. He said the

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