UN agency joins Formula 1 team to drive out hunger from schools

Jarno Trulli and Timo Glock will drive cars sporting the World Food Programme (WFP) “Fill the Cup” campaign logo for the rest of the 2009 season, starting at Silverstone on 21 June.The WFP “Fill the Cup” initiative raises money for the agency’s school feeding programme, which provides daily meals to more than 20 million children in schools in 68 countries.“Formula 1 provides a unique opportunity for the fight against global hunger to gain traction,” said Nancy Roman, WFP Director of Public Policy, Communications and Private Partnerships, adding that viewers will be encouraged to feed a hungry child. This is the last time the Santander British Grand Prix will be held at Silverstone, the birthplace of the Formula 1 World Championship, and top British drivers Jenson Button – currently leading the championship – and last year’s winner Lewis Hamilton will go head-to-head, guaranteeing a huge audience for the race.“This is a great opportunity to reach all motorsport fans, from the thousands who attend each Grand Prix to the many millions who watch the racing on TV,” said Panasonic Toyota team driver Jarno Trulli. “It only costs 15 pence to give a hungry child a cup with porridge,” added Mr. Trulli. “We need as many people as possible to know they can contribute to find a solution to hunger.”Recent studies have shown that in the wake of the global economic meltdown, and last year’s food and fuel price hikes, many families are already missing meals and cooking cheaper, less nutritious food. At the same time, WFP has voiced concern that the recession may lead governments to cut aid budgets for feeding programmes.Earlier this year, WFP teamed up with the UK School Food Trust to launch The Really Good School Dinner campaign, raising around $18,000 for its school feeding programmes. More than 550 schools participated by pledging to empty their plate to fill the plate of a child in the developing world.Meanwhile, Achim Steiner, UN Environment Programme (UNEP) Executive Director, highlighted the crucial role sports play in sustainable development, in an address to the Forum on Productive Youth Development through Sport in Africa. Mr. Steiner used the success of the Beijing Olympics in not just meeting but exceeding the environmental standards outlined by the International Olympic Committee as an example of the role of sustainability in sports.The Forum, a joint initiative of the UN Office on Sport for Development and Peace (UNOSDP) and the Jacobs Foundation, wrapped up its three-day gathering in Nairobi, Kenya today. 18 June 2009The United Nations food agency will join the Panasonic Toyota Racing Formula 1 drivers on the starting grid of the British Grand Prix on Sunday to raise awareness of the 66 million primary school-aged children worldwide who go hungry. read more

Canadian dollar rises amid positive housing starts data rising commodities

AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by Malcolm Morrison, The Canadian Press Posted Apr 9, 2013 8:46 am MDT Canadian dollar rises amid positive housing starts data, rising commodities TORONTO – The Canadian dollar advanced Tuesday as housing starts in March came in better than expected while commodity prices got a lift from tame Chinese inflation data.The loonie was up 0.1 of a cent at 98.4 cents US as Canada Mortgage and Housing Corp. reported that housing starts in Canada were at an annualized rate of 184,028 units last month, up slightly from 183,207 in February. That was well above the 175,000 economists had forecast.But economists sounded a note of caution.“While the 184,000 pace marks an improvement from the winter lull, it is still well below the pace seen late last year and continues to point to an overall deceleration in homebuilding,” said CIBC economist Emanuella Enenajor.“Indeed, on an annual basis, starts are down 13.6 per cent from year-ago levels.”Government data Tuesday showed China’s consumer prices rose at a 2.1 per cent rate in March, down from the previous month’s 3.2 per cent and well below the official target of 3.5 per cent for the year. Wholesale prices in the world’s second-largest economy declined by 1.9 per cent compared with last year.The showing gives China some leeway in being able to take further measures to stimulate growth, particularly if industrial production figures due out next week show activity weaker than expected.China is the world’s biggest consumer of copper and the metal was up seven cents at US$3.44 a pound.June gold bullion gained $14.20 to US$1,586.70 an ounce.Oil prices shed early declines and the June contract on the New York Mercantile Exchange closed up 84 cents at US$94.20 a barrel. read more