"Nichts mehr davon, ich bitt euch. Zu essen gebt ihm, zu wohnen.
Habt ihr die Blöße bedeckt, gibt sich die Würde von selbst."
Friedrich Schiller
  May 2008 FOOD

The Great World Bank Plan to Starve the World

The World Bank has announced, through its chairman, Robert Zoellick, its proposals for the FAO meeting in Rome. In an article for the Financial Times, Zoellick presents his "Ten point proposal to tackle the global food crisis": the first five points concern a series of hand-outs, including a fund for seeds and grants for indebted poor nations. The real proposals, however, are points 6 to 10, which call for more biofuels (!), free trade and derivatives, and relaunching the idea of a World Food Bank:

6. "Innovative instruments for risk management and crop insurance for small farmers. Next week the World Bank's board will consider derivatives for developing countries, with Malawi being identified as a likely first client."

7. "Ease subsidies, mandates and tariffs on biofuels derived from corn and oilseeds when prices are high. Cutting tariffs on ethanol imported into the US and European Union markets would encourage the output of more efficient sugarcane biofuels that do not compete with food production."

8. "Remove export bans."

9. "Conclude a Doha world trade deal in order to remove the distortions of agricultural subsidies."

10. "Greater collective action" on food stocks. "We might explore an agreement among the G-8 and key developing countries to hold `global goods' stocks, modelled on the International Energy Agency."

{EIR} weekly reports these new Russian government moves in detail, in its May 30 issue.