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Rampant Speculation Inflated Food Price Bubble by Stephen Leahy

Billions of dollars are being made by investors in a speculative "food bubble" that's created record food prices, starving millions and destabilising countries, experts now conclude. Wall Street investment firms and banks, along with their kin in London and Europe, were responsible for the technology dot-com bubble, the stock market bubble, and the recent U.S. and UK housing bubbles. They extracted enormous profits and their bonuses before the inevitable collapse of...

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Poverty: 20 alarming facts you must know

It is unbelievable but true! More than 25,000 people die every day of hunger or hunger-related causes, according to the United Nations. One child dies of hunger-related causes every five seconds, taking a toll on 16,000 poor hungry children each day. More than 1.4 billion people live at poverty line or below. According to a the World Bank report, there are over 1,345 million poor people in developing countries who...

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Price volatility & food crises by Jacques Diouf

The present situation is different from that of 2007-2008, although recent climatic events may significantly reduce agricultural production next season. Must history always repeat itself? We are indeed on the verge of what could turn out to be another major food crisis. The FAO Food Price Index at the end of 2010 returned to its highest level. Drought in Russia and the export restrictions adopted by the government, together with...

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Fear of Freedom by Ruchi Gupta

So why is the UPA hell-bent on killing its unique success story: the NREGA? Here's the inside narrative of the conspiracy. It took 47 days of a protest sit-in at Jaipur to make the state budge(1). It's notable that the objective of this protracted protest was not to coerce the Rajasthan government for an extra share of the state's resources, but to hold the government accountable to the Constitution and its...

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Upcoming Asian Cup matches to highlight plight of world’s hungry – UN

Several matches during the upcoming Asian Cup football tournament, which opens in Doha, Qatar, on Friday, will be dedicated to the fight against hunger and poverty, the United Nations Food and Agriculture Organization (FAO) announced today. The three matches – the opening match between Qatar and Uzbekistan, as well as two subsequent matches played by the host nation – are part of the Asian Football against Hunger campaign. “A Match Day against...

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