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Biofuels are responsible for 75 percent of recent food price rises, according to a secret World Bank report. (Photo: Notat)

Food and fuel crises pushing world into 'danger zone', says World Bank

As the head of the World Bank warns world leaders that the planet is entering the "danger zone" with millions thrown into extreme poverty by the twin food and fuel crises, a leaked report from his organisation shows that biofuels have pushed up global food prices by 75 percent - a much bigger role in the disaster than previously thought.

In a letter to Japanese Prime Minister Yasuo Fukuda, ahead of next week's G8 summit, and copied to other G8 leaders, World Bank president Robert Zoelli...

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Biofuels are responsible for 75 percent of recent food price rises, according to a secret World Bank report. (Photo: Notat)

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