WASHINGTON, July 2 (Xinhua) -- World Bank President Robert B. Zoellick has called on leaders of the G8 as well as the major oil producers to act now to deal with surging food and energy prices, warning that the world is now "entering a danger zone."
Zoellick's call is contained in a July 1 letter to the head of the upcoming G8 summit in Japan, in which the Bank, World Food Program (WFP) and International Monetary Fund estimate that about 10 billion dollars is needed to meet short term needs of people hit hardest by the crisis.
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