Asian bank in food crisis warning
Chief of Asian Development Bank (ADB) has warned that rising food prices could stall poverty eradication measures in poor countries.
The Asian Development Bank (ADB) has warned that the crisis of rising food prices could reverse gains made in reducing poverty across the continent.
Bank president Haruhiko Kuroda warned at its annual meeting in Madrid that "the cheap food era may be over".
Donor countries have pledged more than $11bn (£5.5bn) to a fund to ease the hardship of Asia's poorest people.