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France wants to combat commodities volatility, not limit prices

Monday, May 23rd 2011 - 06:16 UTC
Full article 2 comments

The best way to cool soaring food prices is to boost output, the Argentine government said, following talks on a French proposal for increased regulation of commodity markets in the framework of a G20 meeting in Buenos Aires. Read full article

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  • GeoffWard

    Controlling food prices for one's own nation to avoid starvations is a responsibility of any government. This can indeed be aided by careful balancing of acriculture with 'the environment', by keeping productivity and production high within the nation, by ensuring spoilage is minimised, and by controlling inflation.

    Controlling the price of imported foodstuffs is largely down to the inter-governmental negotiations, etc, to ensure there *are* imported foodstuffs. The price they are sold at may be extortionate for luxury foods, or controlled for imported staples. I guess it's down to individual governments to control situations where excess profits are being taken at the expense of the health and survival of the nation's people. (But what happens when the 'Walmart' is more powerful than the government?)

    Keeping prices as stable as possible is part of the equation,
    but, in the long run, population growth will always (locally/regionally/nationally) outstrip food production/distribution, so there will always be starving and dying communities and populations.

    Food Aid is a paradox in that it keeps starving people alive long enough to breed, etc, etc, etc.

    May 23rd, 2011 - 12:03 pm - Link - Report abuse 0
  • ed

    Are not food commodities involved in which activity areas of
    SARWIS Corporation ?
    SARWIS Corp ??....74% owned by Nicholas Sarkozy +his step father Frank Wisner......( no public shares).
    We know this company has being familiar in many varied commodity areas like Libya Oils.....others etc.

    May 23rd, 2011 - 07:23 pm - Link - Report abuse 0

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