Hedge funds accused of gambling with lives of the poorest as food prices soar

Hedge funds accused of gambling with lives of the poorest as food prices soar
• Commodity speculators push cocoa to 33-year high • Bets ‘risk the most vulnerable in the world starving’ Financial speculators have come under renewed fire from anti-poverty campaigners for their bets on food prices, blamed for raising the costs of goods such as coffee and chocolate and threatening the livelihoods of farmers in developing countries. The World Development Movement (WDM) will …

Read more on Guardian Unlimited

Similar Topics:

This entry was posted in News and tagged , , , , , , , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

*


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>