Posted by Matt in August 18th, 2008 |
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by Larry EdelsonI’ll discuss the state of the markets shortly. First, I’d like to discuss the state of the world’s future.
According to a long-term study just released by the U.S. Naval Services Department, a series of tipping points could dramatically alter the global prospects for economic growth and humanity — for the worse.
Right now, for [...]
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Posted by Matt in June 5th, 2008 |
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Koreas,
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Farmland,
Food Aid,
Food Crisis,
Grain Storage Facilities,
Lee Myung-Bak,
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Omar El Bashir,
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South Korean President Lee Myung-Bak hopes to develop farmland in Sudan as part of efforts to secure offshore grain resources to help North Korea cope with its worsening food crisis.
Meeting with visiting Sudanese President Omar el-Bashir, Lee discussed the proposed cooperation, which includes building grain storage facilities, Lee’s aides said.
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Posted by Matt in June 4th, 2008 |
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Brazil,
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Iran,
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World leaders, alarmed over the spiraling number of hungry in their countries and at their borders, Tuesday urged each other to contribute money, ideas and compassion to feed an estimated 950 million people.
The presidents of Brazil, Iran and Zimbabwe, among others, joined scientists, humanitarian relief experts and diplomats to forge immediate responses and long-term ideas [...]
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Posted by Matt in June 2nd, 2008 |
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World Summit
“If not handled properly, this issue could trigger a cascade of other crises — affecting economic growth, social progress, and even political security around the world.”
Participants at the High-Level Conference on World Food Security will discuss short-term solutions as well as new strategies to deal with the effects of global warming, growing demand for biofuels [...]
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Posted by Matt in May 29th, 2008 |
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Published in
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The United Nations report, the global agriculture outlook through 2017, said prices for farm crops will remain substantially higher over the next decade because of fundamental changes in demand, though they will gradually decline from current highs.
Because the recent spike in crop and food prices has been caused in part by temporary factors like drought, [...]
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Posted by Matt in May 14th, 2008 |
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Earthquakes In Asia,
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World Food
FP: What potential disasters keep you up at night?
ALL: We’re all concerned about major, disastrous earthquakes. In particular, I’m worried about disastrous earthquakes in Asia. Large cities are built near faults, and there are cities that haven’t seen earthquakes in 500 years but are due. It is entirely conceivable that we could see an earthquake [...]
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Posted by Matt in April 29th, 2008 |
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Whir
DENILIQUIN, Australia — Lindsay Renwick, the mayor of this dusty southern Australian town, remembers the constant whir of the rice mill. “It was our little heartbeat out there, tickety-tick-tickety,” he said, imitating the giant fans that dried the rice, “and now it has stopped.”
The Deniliquin mill, the largest rice mill in the Southern Hemisphere, once [...]
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Posted by Matt in April 27th, 2008 |
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So far the threat of a global food crisis has not affected Australia, but there are worrying signs appearing in the United States where some worried locals are beginning to hoard supplies.
Two bulk US retailers are rationing some sales of imported rice and that’s been enough for some Americans to begin stocking up.
It has also [...]
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Posted by Matt in April 23rd, 2008 |
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Vast amounts of money are flooding the world’s commodities markets, driving up prices of staple foods like wheat and rice. Biofuels and droughts can’t fully explain the recent food crisis — hedge funds and small investors bear some responsibility for global hunger. By Beat Balzli and Frank Hornig more…
Oatmeal and Water: Nairobi Living, in a [...]
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Posted by Matt in April 7th, 2008 |
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Published in
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Grains,
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Wheat,
World Crisis
These days you hear a lot about the world financial crisis. But there’s another world crisis under way — and it’s hurting a lot more people.
I’m talking about the food crisis. Over the past few years the prices of wheat, corn, rice and other basic foodstuffs have doubled or tripled, with much of the increase [...]
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