BNP Paribas challenged over food speculation

On Wednesday Friends of the Earth Europe and Friends of the Earth France challenged BNP Paribas (BNPP)–a major player in global agricultural and energy markets, offering many funds and commodity-related investment instruments–over its role in food speculation and global hunger.

FOE challenged BNNP at its annual shareholder meeting in Paris. They told BNNP that given the severity of food crises around the world and the growing body of evidence that links excessive financial speculation to [Read More...]

The West can alleviate hunger by curbing food speculation and land-grabs

A recent Radio Netherlands Worldwide article connects food speculation and land-grabs as significant drivers of world hunger.  Dr. Dirk Bezemer,  Associate Professor of Development Economics at the University of Groningen, the Netherlands, says, “The role of the West [in solving the food crisis] will diminish in the long term, but in the meantime Western countries can help by curbing food speculation” and ending land-grabbing.

Bezemer sees food and land sovereignty as the solution to hunger in [Read More...]