Wall Street is gambling on the world's food supply.
 
The Result: inflated food and energy prices and deepening global hunger.
 
Recent reforms were not enough. It's time to stop reckless speculation and bring back common sense rules to commodity markets.

National

Simplifications and Misinformation on Oil Speculation

A recent article by Wallace Turbeville, a former VP at Goldman Sachs, on the Demos blog cuts through the partisan rhetoric surrounding the role of excessive speculation in rising … [Read More...]

Obama proposes new action on oil speculation

Last week President Obama introduced new measures to control oil speculation. While President Obama came out with hard hitting rhetoric around regulating energy markets, his … [Read More...]

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International

Danish bank Nordea abandons speculation in food commodities

DanWatch, a Danish independent non-profit media and research center, has reported that the Stockholm-based financial services group, Nordea, will remove food commodities from their … [Read More...]

India tightens position limits on agricultural commodities

Following last week's announcement to terminate all guar seed and guar gum contracts, India's commodity market regulator, the Forward Markets Commission (FMC), says that it plans … [Read More...]

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Divestment Campaign

Barclays admits that speculation influences prices

In its February 2012 report on commodity investments, Barclays admitted that an increase in commodity speculation leads to increased prices. The report lists three main causes of … [Read More...]

CalSTRS responds to public pressure, reduces commodity investments

Civil society won a significant victory in the struggle to bring sanity back to global community markets. Many of the same groups that led the fight for strong derivatives reforms … [Read More...]

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