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View Full Version : "Moral Persuasion" to life rice export ban


SumSam
April 30th, 2008, 04:12 AM
The Philippines asks World Bank to influence suppliers (http://www.forbes.com/reuters/feeds/reuters/2008/04/28/2008-04-28T210912Z_01_SP156785_RTRIDST_0_FOOD-WRAPUP-5-PIX.html)

By Laura Macinnis

GENEVA (Reuters) - Leading figures from the United Nations met in Switzerland Monday to chart a solution to dramatic food price increases that have caused hunger, riots and hoarding in poor countries around the world.

Vietnam acted to quell panic over rice supplies Monday, banning speculation in the market after a "chaotic" buying binge in the Southeast Asian nation highlighted growing global fears about food security.

The events in Vietnam came as the Philippines said it has asked the World Bank to persuade rice-exporting nations to lift shipment curbs threatening importing countries' food security.

"I have asked the World Bank if it's possible to use its moral persuasion, its stature, its influence to talk to the supplier countries," Agriculture Secretary Arthur Yap said.


Interesting to see what steps the UN and World Bank will take. How they act and how the exporter countries react to the pressure, may well determine how close we are to a one world government. :thinking