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Opening Statement to the WFP Executive Board - Rome (27/10/08)

Executive Director Josette Sheeran

We gather at a momentous moment in history: some say the biggest challenge to the global economy since the 1930s; others say the biggest challenge ever. The perfect storm which engulfed global food markets, propelling an additional 75 million into urgent hunger and malnutrition – according to FAO, virtually overnight – is now also powered and accelerated by two additional storms: fuel and a global financial crisis.

Josette Sheeran