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Foreign farms in Africa bring investment and controversy

-AFP JOHANNESBURG: Foreign farms are spreading across Africa to grow food and biofuels for global markets, bringing much-needed investments but also new troubles for a continent struggling to feed itself.  China, Malaysia, Singapore and Bangladesh are just some of the countries spending billions of dollars in what critics have dubbed a new "scramble for Africa", a reference to Europe's 19th century colonisation drive.  But Africa holds an estimated 60 percent of the world's...

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Watershed in fight for survival-Vibhu Nayar

-The Hindu The United Nations Conference on Sustainable Development (Rio+20) is set to take place on June 20 at Rio de Janeiro, 20 years after the 1992 Earth Summit on Environment & Development. World leaders, experts, and U.N. agencies are expected to take stock and reaffirm global commitment to sustainable development. The summit is taking place against the backdrop of threats of catastrophic climate change, unprecedented environmental degradation and widespread market...

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Why FCI doesn’t buy grain futures-Ruchira Singh

Lack of knowledge, fear of political criticism are some of the reasons that are stopping FCI, according to experts What is stopping Food Corp. of India Ltd (FCI) from selling its ample wheat stocks in the open market and buying futures contracts to meet its distribution commitments in the months ahead? Or, for that matter, what is keeping the food procurement agency from selling grain futures internationally, knowing that a bumper crop...

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Jobs go missing -TK Rajalakshmi

The World of Work 2012 report presents a bleak picture of the global job situation. FOUR years after the global crisis erupted in 2008, organisations such as the International Labour Organisation (ILO) believe that labour markets still have not fully recovered. The world economy is not expected to grow at a sufficient pace over the next couple of years to overcome the crisis. These organisations present some depressing facts: those...

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Despite PM's call, scared babus still sitting on files-Siddharth

Last month, Prime Minister Manmohan Singh exhorted the bureaucracy to be fearless, saying, "Civil servants should fight the tendency of not taking decisions because of the fear that things might go wrong and they might be penalized for that." The PM was just the latest to express concern about increasing bureaucratic stasis-foreign visitors have remarked upon it and even TOI has written about it earlier. But his words have clearly failed...

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