The new CIMMYT facilities include a gene bank that holds the genetic diversity of 130, 000 wheat and 28, 000 maize varieties worldwide.

FORBES: Bill Gates And Carlos Slim To Partner On Reducing Hunger

Why did the US destroy the gene bank in Iraq while Monsanto is investing billions in a global gene bank under the ice on Svalbard island?

FORBES: Why Uncle Sam Supports Frankenfood

Late Wednesday, Bank of America announced some of its plans: It will fire 3, 000 employees and replace the head of its investment bank, Gene Taylor, with Brian Moynihan, who has headed up investment management at the bank since 2004.

FORBES: Call

The Bank of Japan's bond purchases, known as quantitative easing, could have significant implications for global bond markets "if Japanese investors are forced to look abroad for higher yielding alternatives, " said Deutsche Bank analyst Gene Cheon.

WSJ: Asian Bond Issuance Is Booming