Sarkozy Says Food Price Surge Is ‘Plague’ That Needs Action
This article is for subscribers only.
World food prices that rose 37 percent in a year, driving 44 million more people into poverty, are a “plague” that need action from world leaders now, French President Nicolas Sarkozy said.
Group of 20 farm ministers are in Paris for the second day of a summit. France, which holds the G-20 presidency, wants a central database on crops, limits on export bans, international market regulation, emergency stockpiles and a plan to raise global output. The proposals to limit export curbs and start a database will be “especially sensitive,” French Agriculture Minister Bruno Le Maire said last week.