UK pension funds are betting an estimated £1.5 billion on global food prices - £180 per average UK pension saver - according to a report released today by the World Development Movement. And the speculation is increasing food costs for the world's poorest people ...
The financial industry has been quick to dismiss its role in pushing up food prices but with the evidence growing daily the Ecologist cuts through the jargon to explain the reality of food speculation
Improving smallholder rights to the land they depend on is becoming more of a necessity as farmland speculation and competition between food and energy crops threatens their tenure
'Risky and secretive' gambling on the price of coffee, cocoa and wheat is leading to unstable food prices and exacerbating poverty and malnutrition but creating billions of pounds for the banking sector
