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G8 announces $15b food security package

Friday, July 10, 2009 L'AQUILA: The G8 group of rich nations and 19 partner countries agreed Friday to put together a package worth at least 15 billion dollars to boost agriculture and food security in the developing world. "There is an urgent need for decisive action to free humankind from hunger and poverty," G8 leaders said in a statement issued on the last day of their summit in Italy, at which they were joined by African heads of state.

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