Iranian President Mahmoud Ahmadinejad said oil prices have been artificially inflated by capitalists and that crude remains plentiful.
He urged setting up a regulator to oversee global food markets and called upon countries to use some of their military budgets for food aid.
"The problems of our world today is due to the management of the world by incompetent people who are sitting in the major centers of management of the world," he said Tuesday at the World Food Security talks.
NEWS SERVICES
