'Disaster capitalism at its worst. As 345 million people suffer from acute food insecurity, the four corporations that control virtually all grain trade, stuff their pockets with cash, pop the champagne corks, and laugh all the way to the bank.'
on the world's four grain giants raking in record profits—which is fueling calls for a global windfall tax.
After noting United Nations agencies' estimates that while about 345 million people endure acute food insecurity—up over 200 million from before the Covid-19 pandemic—food prices have skyrocketed by over 20%, journalist Fiona Harvey highlighted remarks from Olivier De Schutter, a co-chair of the International Panel of Experts on Sustainable Food Systems and U.N. special rapporteur on extreme poverty and human rights.
He said this year's food price surge happened despite what are thought to be abundant global grain reserves, but there was insufficient transparency from the companies to show how much grain they hold and no way to force them to release stocks in a timely way.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
90% of Marine Species Face Extinction Under Emissions Status Quo: StudyWhile the research predicts \u0022a potentially bleak future for many marine species,\u0022 the authors say it \u0022also measures how much our oceans and the life within them stand to benefit from both climate change mitigation and adaptation.\u0022
Read more »
Biden Officials Reportedly Assure Israel That Revived Iran Nuclear Deal Not 'Imminent'Iran has accused the U.S. of \u0022procrastinating\u0022 on its proposed return to the nuclear accord that former President Donald Trump violated.
Read more »
Portable X-ray machines 'a huge breakthrough' for northern Sask.\u0022I think what we\u0027re doing here is going to herald in a new way of practicing medicine in Canada,\u0022 said Dr. Deepak Kaura.
Read more »
CIA Report Finds No Proof for Israeli Claim That Palestinian NGOs Are 'Terrorist' Groups\u0022The United States should very clearly call on the Israeli government to reverse these designations, and to allow these organizations to continue their vital work,\u0022 said one human rights advocate.
Read more »
Conviction of Whitmer Kidnap Plotters Called Win in Battle Against Far-Right ExtremistsOne progressive leader in the state called the verdicts \u0022a good start in our ongoing battle against right-wing extremist political violence, but it is just that: a start.\u0022
Read more »
50+ Israeli Organizations Blast 'Baseless' Attacks on Palestinian NGOs\u0022Documentation, advocacy, and legal aid are the core of human rights work around the world. Criminalizing such activity is a deplorable act characteristic of repressive regimes.\u0022
Read more »