Bring back common sense rules to commodity markets
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.
by Brennan on May 2, 2012
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...]
by Brennan on May 2, 2012
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...]
by Brennan on May 14, 2012
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...]
by Brennan on April 3, 2012
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...]
by dave on April 20, 2012
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...]
by dave on November 10, 2010
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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