Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Rampant speculations in commodity mkts hit poor nations:UNCTAD    </title>
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The United Nations Conference on Trade and Development (UNCTAD) today cautioned on rampant speculations in the global commodity markets which is fuelling unprecedented price hikes around the world, with worst effects on poor countries such as India.

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The United Nations Conference on Trade and Development (UNCTAD) today cautioned on rampant speculations in the global commodity markets which is fuelling unprecedented price hikes around the world, with worst effects on poor countries such as India.

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                            <br /><div align="justify">The United Nations Conference on Trade and Development (UNCTAD) today cautioned on rampant speculations in the global commodity markets which is fuelling unprecedented price hikes around the world, with worst effects on poor countries such as India.<br /><br />&quot;Financial speculation in global commodities trade is a source for concern as it contributed to steep price hikes,&quot; UNCTAD's Secretary General Supachai Panitchpakdi said on the sidelines of a special meeting convened by UNCTAD to address the distortions in global commodities trade.<br /><br />&quot;Though factors like supply-demand imbalances, concerns relating to food security, and unpredictable shifts in production from food products to bio fuels have also contributed to volatility, it is financial speculation which is causing greater uncertainty and turmoil in the commodity markets at this juncture,&quot; he told PTI.<br /></div><div align="justify">&nbsp;</div><div align="justify">&quot;We are doing a study on the impact of financial speculation on commodities trade,&rdquo; he said, underscoring the need for tackling the problem at the upcoming G20 leaders meet in France this year.<br /><br />As oil prices touched USD 100 billion and prices of food products, particularly wheat and sugar, rose steeply in the recent months, he called for a concerted action to address financial speculation.<br /><br />Ongoing political turmoil in Egypt and severe winter in North America have also contributed to the rise in global oil prices. India, which is heavily dependent on imports of oil and farm products, will have to prepare for contingency measures, analysts said.<br /><br />He dismissed suggestions that growing demand in India and China have contributed to the sudden prices hikes, arguing that &quot;there are a combination of factors, particularly financial speculation, responsible to volatility in global prices.<br /><br />&quot;I don't think we can single out demand in China and India for the current volatility in global prices. 2011 will see the prices of most commodities rise, as the rise in global GDP bolsters demand, led by emerging economies,&quot; said the World Trade Organisation Director General Pascal Lamy.<br /><br />&quot;There are serious concerns about the way in which commodity markets have been evolving in recent years,&quot; said Panitchpakdi, pointing out that &quot;since mid-2010 commodities have for the second time in three years, been experiencing extreme high price volatility&quot;.<br /><br />&quot;Besides, natural events such as floods in Pakistan and fires in the Russian Federation, events which may be linked to global warming, have spurred upward pressure on prices for agricultural goods such as wheat and cotton,&quot; he added.</div>                                                           
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    <br><a href="http://www.business-standard.com/india/news/rampant-speculations-in-commodity-mkts-hit-poor-nationsunctad/124317/on" class="re" target="_blank">The Business Standard, 1 February, 2011, http://www.business-standard.com/india/news/rampant-speculations-in-commodity-mkts-hit-poor-nationsunctad/124317/on</a><div class="clear"></div>
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    <h1 class="cat-box-title">Rampant speculations in commodity mkts hit poor nations:UNCTAD</h1>
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                            <br /><div align="justify">The United Nations Conference on Trade and Development (UNCTAD) today cautioned on rampant speculations in the global commodity markets which is fuelling unprecedented price hikes around the world, with worst effects on poor countries such as India.<br /><br />&quot;Financial speculation in global commodities trade is a source for concern as it contributed to steep price hikes,&quot; UNCTAD's Secretary General Supachai Panitchpakdi said on the sidelines of a special meeting convened by UNCTAD to address the distortions in global commodities trade.<br /><br />&quot;Though factors like supply-demand imbalances, concerns relating to food security, and unpredictable shifts in production from food products to bio fuels have also contributed to volatility, it is financial speculation which is causing greater uncertainty and turmoil in the commodity markets at this juncture,&quot; he told PTI.<br /></div><div align="justify">&nbsp;</div><div align="justify">&quot;We are doing a study on the impact of financial speculation on commodities trade,&rdquo; he said, underscoring the need for tackling the problem at the upcoming G20 leaders meet in France this year.<br /><br />As oil prices touched USD 100 billion and prices of food products, particularly wheat and sugar, rose steeply in the recent months, he called for a concerted action to address financial speculation.<br /><br />Ongoing political turmoil in Egypt and severe winter in North America have also contributed to the rise in global oil prices. India, which is heavily dependent on imports of oil and farm products, will have to prepare for contingency measures, analysts said.<br /><br />He dismissed suggestions that growing demand in India and China have contributed to the sudden prices hikes, arguing that &quot;there are a combination of factors, particularly financial speculation, responsible to volatility in global prices.<br /><br />&quot;I don't think we can single out demand in China and India for the current volatility in global prices. 2011 will see the prices of most commodities rise, as the rise in global GDP bolsters demand, led by emerging economies,&quot; said the World Trade Organisation Director General Pascal Lamy.<br /><br />&quot;There are serious concerns about the way in which commodity markets have been evolving in recent years,&quot; said Panitchpakdi, pointing out that &quot;since mid-2010 commodities have for the second time in three years, been experiencing extreme high price volatility&quot;.<br /><br />&quot;Besides, natural events such as floods in Pakistan and fires in the Russian Federation, events which may be linked to global warming, have spurred upward pressure on prices for agricultural goods such as wheat and cotton,&quot; he added.</div>                                                           
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    <br><a href="http://www.business-standard.com/india/news/rampant-speculations-in-commodity-mkts-hit-poor-nationsunctad/124317/on" class="re" target="_blank">The Business Standard, 1 February, 2011, http://www.business-standard.com/india/news/rampant-speculations-in-commodity-mkts-hit-poor-nationsunctad/124317/on</a><div class="clear"></div>
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    <h1 class="cat-box-title">Rampant speculations in commodity mkts hit poor nations:UNCTAD</h1>
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		 Published on</span><span class="text-date"> Feb 3, 2011</span>
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                            <br /><div align="justify">The United Nations Conference on Trade and Development (UNCTAD) today cautioned on rampant speculations in the global commodity markets which is fuelling unprecedented price hikes around the world, with worst effects on poor countries such as India.<br /><br />&quot;Financial speculation in global commodities trade is a source for concern as it contributed to steep price hikes,&quot; UNCTAD's Secretary General Supachai Panitchpakdi said on the sidelines of a special meeting convened by UNCTAD to address the distortions in global commodities trade.<br /><br />&quot;Though factors like supply-demand imbalances, concerns relating to food security, and unpredictable shifts in production from food products to bio fuels have also contributed to volatility, it is financial speculation which is causing greater uncertainty and turmoil in the commodity markets at this juncture,&quot; he told PTI.<br /></div><div align="justify">&nbsp;</div><div align="justify">&quot;We are doing a study on the impact of financial speculation on commodities trade,&rdquo; he said, underscoring the need for tackling the problem at the upcoming G20 leaders meet in France this year.<br /><br />As oil prices touched USD 100 billion and prices of food products, particularly wheat and sugar, rose steeply in the recent months, he called for a concerted action to address financial speculation.<br /><br />Ongoing political turmoil in Egypt and severe winter in North America have also contributed to the rise in global oil prices. India, which is heavily dependent on imports of oil and farm products, will have to prepare for contingency measures, analysts said.<br /><br />He dismissed suggestions that growing demand in India and China have contributed to the sudden prices hikes, arguing that &quot;there are a combination of factors, particularly financial speculation, responsible to volatility in global prices.<br /><br />&quot;I don't think we can single out demand in China and India for the current volatility in global prices. 2011 will see the prices of most commodities rise, as the rise in global GDP bolsters demand, led by emerging economies,&quot; said the World Trade Organisation Director General Pascal Lamy.<br /><br />&quot;There are serious concerns about the way in which commodity markets have been evolving in recent years,&quot; said Panitchpakdi, pointing out that &quot;since mid-2010 commodities have for the second time in three years, been experiencing extreme high price volatility&quot;.<br /><br />&quot;Besides, natural events such as floods in Pakistan and fires in the Russian Federation, events which may be linked to global warming, have spurred upward pressure on prices for agricultural goods such as wheat and cotton,&quot; he added.</div>                                                           
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    <br><a href="http://www.business-standard.com/india/news/rampant-speculations-in-commodity-mkts-hit-poor-nationsunctad/124317/on" class="re" target="_blank">The Business Standard, 1 February, 2011, http://www.business-standard.com/india/news/rampant-speculations-in-commodity-mkts-hit-poor-nationsunctad/124317/on</a><div class="clear"></div>
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Rampant speculations in commodity mkts hit poor nations:UNCTAD

Published on Feb 3, 2011   Modified on Feb 3, 2011

The United Nations Conference on Trade and Development (UNCTAD) today cautioned on rampant speculations in the global commodity markets which is fuelling unprecedented price hikes around the world, with worst effects on poor countries such as India. "Financial speculation in global commodities trade is a source for concern as it contributed to steep price hikes," UNCTAD's Secretary General Supachai Panitchpakdi said on the sidelines of a special meeting convened by UNCTAD to address the distortions in global commodities trade. "Though factors like supply-demand imbalances, concerns relating to food security, and unpredictable shifts in production from food products to bio fuels have also contributed to volatility, it is financial speculation which is causing greater uncertainty and turmoil in the commodity markets at this juncture," he told PTI.   "We are doing a study on the impact of financial speculation on commodities trade,” he said, underscoring the need for tackling the problem at the upcoming G20 leaders meet in France this year. As oil prices touched USD 100 billion and prices of food products, particularly wheat and sugar, rose steeply in the recent months, he called for a concerted action to address financial speculation. Ongoing political turmoil in Egypt and severe winter in North America have also contributed to the rise in global oil prices. India, which is heavily dependent on imports of oil and farm products, will have to prepare for contingency measures, analysts said. He dismissed suggestions that growing demand in India and China have contributed to the sudden prices hikes, arguing that "there are a combination of factors, particularly financial speculation, responsible to volatility in global prices. "I don't think we can single out demand in China and India for the current volatility in global prices. 2011 will see the prices of most commodities rise, as the rise in global GDP bolsters demand, led by emerging economies," said the World Trade Organisation Director General Pascal Lamy. "There are serious concerns about the way in which commodity markets have been evolving in recent years," said Panitchpakdi, pointing out that "since mid-2010 commodities have for the second time in three years, been experiencing extreme high price volatility". "Besides, natural events such as floods in Pakistan and fires in the Russian Federation, events which may be linked to global warming, have spurred upward pressure on prices for agricultural goods such as wheat and cotton," he added.

The Business Standard, 1 February, 2011, http://www.business-standard.com/india/news/rampant-speculations-in-commodity-mkts-hit-poor-nationsunctad/124317/on

Tagged with: Food Security

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