Bush Orders $200 Million Drawdown

from Wall Street Journal

WASHINGTON -- President Bush ordered the release of $200 million in emergency aid Monday to help nations where surging food prices have deepened hunger woes and sparked violent protests.
The move comes one day after the president of the World Bank, Robert Zoellick, called on the international community to act urgently in helping needy people and "put our money where our mouth is." Haiti, Egypt and the Philippines are among the countries facing civil unrest because of food prices and shortages.
Mr. Bush directed Agriculture Secretary Ed Schafer to draw down an estimated $200 million from a food reserve known as the Bill Emerson Humanitarian Trust.


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