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World Bank President: The World is ‘One Shock Away from a Full-Blown Crisis’

04/17/2011 Leave a comment

“It’s the fourth year of the global financial crisis, and the world economy is slowly picking up.  But there are still great vulnerabilities and uncertainties.  That’s the message world financial leaders are sending out from their spring meeting.  World Bank President Robert Zoellick says the surge in food prices is the biggest threat to the world’s poor, pushing 44 million more people into poverty over the past year.”