WASHINGTON (AP) - The head of the International Monetary Fund warned Saturday that if food prices remain high, there will be dire consequences for people in many developing countries, especially in Africa.
Dominique Strauss-Kahn added that the problem could also create trade imbalances that would affect major advanced economies, "so it is not only a humanitarian question."
With governments in Haiti, Egypt and the Philippines among others already facing social unrest because of rising food prices and shortages, Strauss-Kahn said that if the price spike continues, "Thousands, hundreds of thousands of people will be starving. Children will be suffering from malnutrition, with consequences for all their lives."...
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