
The FAO Food Price Index (FFPI) averaged 216 points in March 2012, virtually unchanged from 215 points in February. Among the various commodity groups, only oils prices showed strength, compensating for falling dairy quotations, while the indices of cereals, sugar and meat prices were largely unchanged from February’s level

By Gwynne Dyer - International human rights campaigner and occasional actor Sean Penn, whose well-deserved Nobel Peace Prize continues to be delayed for mysterious reasons, was the first famous foreigner to lend his support to the cause. “The world today is not going to tolerate any ludicrous and archaic commitment to colonialist ideology,” he told Cristina Kirchner, the president of Argentina. He was speaking, of course, of the Falkland Islands.

World trade growth will slow for a second year to 3.7% in 2012 but “severe” downside risks could drive it further below the 20-year average of 5.4%, the World Trade Organization forecast on Thursday.

FIFA President Sepp Blatter is trying to schedule a trip to Brazil to speak at a public hearing about a controversial World Cup bill FIFA wants approved as soon as possible.

A video featuring world football boss Sepp Blatter dancing uninhibitedly has been launched in Switzerland to draw attention to human rights in the run-up to the 2014 World Cup.

Brazilian judge denied an injunction seeking to bar oil company Chevron Corp and drill-rig operator Transocean Ltd from operating in Brazil after two offshore oil leaks, a federal court in Rio de Janeiro said this week.

Billionaire investor George Soros said financial markets are concerned other countries will follow Germany’s Bundesbank in girding against the end of the Euro.

Amidst the cross-fire between the Argentine government and Repsol-YPF oil giant, Spain’s Industry, Energy and Tourism Minister José Manuel Soria, warned on Thursday that “any sign of hostility” against Spanish companies “will be considered as a hostile sign against Spain and its government, and will bring consequences.”

Argentines give more importance than the British to the Falklands/Malvinas sovereignty issue, according to the first public opinion on the matter done simultaneously in both countries involved.

Jim Yong Kim, the US nominee to head the World Bank, told the bank's board of directors that he would not hesitate to question the status quo and do his best to help the world poorest.