Global North VS South Over Financialization of Food

US and West fighting BRICK and other southern countries that want limits on speculation on food

Watch this video, 17.25 min, published on The Real News Network TRNN, by Vijay Prashad, April 13, 2012 – (see same, and more, on YouTube).

Transcript: PAUL JAY, SENIOR EDITOR, TRNN: Welcome to The Real News Network. I’m Paul Jay in Washington. At recent international meetings, such as the G-20, there’s been all kinds of talk about the need to regulate finance, particularly as it affects commodity prices, especially food and energy.  

There’s been a lot of talk about regulating finance, but there’s been very little concrete results. Countries like China, India, Brazil, and to some extent Russia (although Russia’s a little—has a foot in the other court) have been pushing for finance reform that will at least to some extent control the price of food. And in upcoming G-20 meeting expected in Mexico in June, a lot of focus will be on whether or not finance, and as it affects commodities, will be controlled … (full long transcript).

Links:

Greece: Protest of the day;

The Financial Crisis Was Entirely Foreseeable;

stupid … I cannot let these questions;

Eine hoch entwickelte, technische Gesellschaft beendet alle Diskriminierungen oder zerstört sich selbst, October 21st, 2011.

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