Food Speculation

Food prices, Hurricane Sandy and Speculation

Deborah Doane | Posted 23.01.2014 | UK Politics
Deborah Doane

Aside from facing a few days off the trading floor last week in Wall Street, big banks will be the ones to benefit the most from the impacts of Hurricane Sandy. Wall Street and other financial centres, such as the City of London, have ridden the wave of extreme weather over the past year, including the drought in the US, driving food commodity prices to new heights.

Friends Of The Earth Accuses Banks Of Causing 'Catastrophic Instability' In Food Markets

Huffington Post UK | Peter Guest | Posted 12.01.2012 | UK

European banks and financial institutions are supporting damaging speculation in agricultural commodity markets and financing “land grabs” in the ...