IMF warns rising food prices raising risk of war
Rising food prices could have terrible consequences for the world, including the risk of war, the IMF said Saturday, calling for action to keep inflation in check. "Food prices, if they go on like they are doing today ... the consequences will be terrible," International Monetary Fund managing director Dominque Strauss-Kahn said. "Hundreds of thousands of people will be starving ... (leading) to disruption of the economic environment," Strauss-Kahn told a news conference at the close of the IMF spring meeting here.