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"Wit beyond measure is man's greatest treasure."
Saturday, September 27, 2003
But, it's not that too simple...
World Bank faults the rich countries
Compiled From Dispatches
Tuesday, September 23, 2003, AP
DUBAI, United Arab Emirates The World Bank opened its annual meeting here on Tuesday with a blistering attack on rich countries for spending hundreds of billions more on their militaries and their farmers than on helping the poor.
"Our planet is not balanced," the bank's president, James Wolfensohn, told delegates from 184 countries. "Too few control too much, and too many have too little to hope for. Too much turmoil, too many wars. Too much suffering."
"It is inconsistent to preach the benefits of free trade and then maintain the highest subsidies and barriers for precisely those goods in which poor countries have a comparative advantage," he said.
World Bank faults the rich countries
Compiled From Dispatches
Tuesday, September 23, 2003, AP
DUBAI, United Arab Emirates The World Bank opened its annual meeting here on Tuesday with a blistering attack on rich countries for spending hundreds of billions more on their militaries and their farmers than on helping the poor.
"Our planet is not balanced," the bank's president, James Wolfensohn, told delegates from 184 countries. "Too few control too much, and too many have too little to hope for. Too much turmoil, too many wars. Too much suffering."
"It is inconsistent to preach the benefits of free trade and then maintain the highest subsidies and barriers for precisely those goods in which poor countries have a comparative advantage," he said.
