Kraft to cut sodium levels in food products
NEW YORK (Reuters) - Kraft Foods, the maker of Oreo cookies and Velveeta cheese, said it plans to cut sodium levels in its North American products by about 10 percent over the next two years, making it the latest food maker trying to address health concerns.
The largest North American food maker said on Wednesday that its plans would eliminate more than 10 million pounds -- or more than 750 million teaspoons -- of salt from some of North America's most popular foods.
The news came a day after the world's No. 2 soft-drink maker, PepsiCo, said it would to stop sales of full-sugar soft drinks to primary and secondary schools on a global scale by 2012.
Lawmakers in more than a dozen U.S. states are also campaigning to tax sugary beverages to cover obesity-related health costs.
(Reporting by Dhanya Skariachan; Editing by Phil Berlowitz)
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.