A record high price in many food staples is pushing millions into poverty and contributing to unrest in countries like Algeria, Tunisia, Egypt and Yemen, World Bank President Robert Zoellick said this week.
In January, global food prices hit their highest point in the 20 years since the United Nations first started tracking the cost of food. The spike in prices has pushed about 44 million people into extreme poverty since June, said Zoellick, speaking prior to a meeting of G-20 finance ministers in Paris Feb. 18-19.
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