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European Development Funds

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Article
/ 8 April 2008

African inflation could cause ‘humanitarian tsunami’

Soaring prices of basic foodstuffs could cause a "humanitarian tsunami" in Africa, European Union Development Commissioner Louis Michel warned on Tuesday. "A world food crisis is emerging, less visible than the oil [price] crisis, but with the potential effect of real economic and humanitarian tsunami in Africa," Michel said in a statement.

By Staff Reporter

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