According to the World Bank Group President Jim Young Kim, prices for maize and soybeans have reached all-time peaks, threatening the health and well being of millions of people, particularly in the Sahel and Eastern Africa regions. Almost 1 billion people are struggling with hunger every day. Most of them are children.
The IMF is expected to release its flagship World Economic Outlook (WEO) Report in late September, but I am fairly confident that the main messages will be that the global recovery remains at risk and crisis management is a top priority.