WB Requests and US Delivers

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The US will be releasing $200 million in emergency aid to countries, largely affected by the soaring cost of basic food necessities resulting to riot and chaos such as Africa, Egypt, and elsewhere. Chaos and rioting from Haiti to Bangladesh to Egypt to Mozambiquehas gained global attention to their plight. 

This was largely in response to the appeal made by the World Bank President, Robert Zoellick. 

“While many are worrying about filling their gas tanks, many others around the world are struggling to fill their stomachs, and it is getting more and more difficult every day,” Zoellick said late last week in a speech opening meetings with finance ministers.

Hopefully this will somewhat ease the affected country’s woes.

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