-Networkideas.org The Russian invasion of Ukraine and the subsequent war sparked rapid and dramatic increases in some global trade prices, particularly for fuel products, wheat and fertilizer for which Russia and Ukraine are major exporters. It is now clear that these price changes were not due to actual changes in total supply, which remained largely unchanged (although source locations and trade routes shifted). Instead, market expectations amplified by media hype, financial...
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Cereal inflation would be hard to tame amidst low rice acreage
Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
More »Water is not a commodity and financial asset to be exploited, says UN human rights expert
--Press release by Office of the United Nations High Commissioner for Human Rights dated 20th October, 2021 GENEVA (20 October 2021) – Water is increasingly being treated as a mere commodity and even as a financial asset, a UN human rights expert told the UN General Assembly today, undermining the human rights to safe drinking water and sanitation and the sustainability of the environment. Pedro Arrojo Agudo, the Special Rapporteur on the...
More »Joint Statement by independent United Nations human rights experts warning of the threat that financial speculation poses to the enjoyment of a range of human rights
-Press release by Office of the United Nations High Commissioner for Human Rights dated 19th October, 2021 GENEVA (19 October 2021) – A group of independent United Nations human rights experts issued the following joint statement, in order to highlight the serious negative impact that financialisation has on the enjoyment of the human rights to safe drinking water and sanitation, as well as a range of other human rights, including the...
More »Akshaya Patra governance under lens as 4 high-profile trustees quit in 2020, NGO denies link -Rohini Swamy
-ThePrint.in 4 trustees are ex-Infosys chief financial officers Mohandas Pai and V. Balakrishnan, ChrysCapital co-founder Raj Kondur, and Abhay Jain, adviser to Manipal Education & Medical Group. Bengaluru: NGO Akshaya Patra Foundation (APF) has seen four high-profile trustees resign since February — three within the last month — amid speculation of misgivings within the organisation over governance issues. The four trustees are former Infosys chief financial officers Mohandas Pai and V. Balakrishnan, ChrysCapital...
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