Speculators starve the poor
Corn prices have gone up since 40% since July. The European wheat price has doubled since April, and the United Nations says that “global meat prices are already at the highest in 20 years”. The UN's overall food price index is up 15% over the last year, and the odds must be that further price rises will work their way through from the rise in price of animal feed. In Britain, these trends will squeeze living standards of the low-paid, and people losing their jobs. In large parts of the world, they mean desperate hunger, malnutrition, or even starvation, as happened during the previous world...