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31 Jan 2011 description

UNCTAD/PRESS/PR/2011/003

31/01/11

Heads of international agencies say poor, especially after recession, are vulnerable to abrupt rises in food costs

Geneva, 31 January 2011 - Volatile and rising prices for basic farm produce, petroleum and raw industrial materials are a cause for concern, especially for the poor of the world, and steps are needed to calm historically turbulent commodities markets, the heads of several international agencies said this morning.

UNCTAD=B4s second Global Commodities Forum (GCF) opened with addresses by the chiefs of four international agencies and …