Bolivia to stockpile food to avoid crisis

Bolivia will tap central-bank reserves to boost agricultural production and stockpile food, joining countries from Africa to Asia in a bid to avoid a looming global “crisis,” Finance Minister Luis Arce said.
Rising food prices pushed tens of millions of people into extreme poverty last year and are reaching “dangerous levels” in some countries, World Bank President Robert Zoellick said Tuesday as he released new data showing that the cost of grain and other staples is now near a historic high. Read Article