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Posted AT 4:42 AM EDT on 14/04/08

Soaring food prices now top threat, IMF says

From Monday's Globe and Mail

WASHINGTON — The global food crisis has pushed aside fears of a recession and mounting banking woes as top priority for the world's economic leaders.Ministers representing 185 countries agreed on the weekend that soaring food prices threaten global calamity and pledged to co-operate on a solution to save the world's poorest people from starvation. But that solution remains elusive.

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