The food crisis in Latin America is eroding the spending power of the new middle class, and with it, their optimism in the future of the region’s economy. In Latin America, the global food crisis has done more than just trigger protests and force governments to scramble for stopgap solutions. The crisis has begun to reverse the most positive regional trend of recent years: the decline of poverty and the nascent emergence of a new middle class. Continue reading Food Crisis Reverses Middle Class Trend in Latin America
Speculators blamed for driving up price of basic foods as 100 million face severe hunger. Monsanto reported net income for the three months up to the end of February this year had more than doubled. Cargill’s net earnings soared by 86 per cent and Archer Daniels Midland increased its net earnings by 42 per cent. Continue reading Multinationals make billions in profit out of growing global food crisis
We celebrate the third anniversary of the death of our Sister Dorothy. On February 12, 2005 she was brutally executed. During these three years I have been asked many times why a Sister who consecrated her life to the poor and accompanied their struggle for more dignity, for justice and for the most elementary rights to have a piece of ground where they could plant and reap, why this sister of the poor suffered such a cruel death. The answer is simple and we all know what it is. To place herself decidedly on the side of the people not favored by and excluded from a savage capitalist system that reigns in our region, she went against the interests and ambitions of an oligarchy that wants assume ownership of Amazonia to take advantage its riches without a single care for the consequences for future generations. The motto is “Use it while you can” and who sketches a plan against this attack, places ones life at risk because the representatives of this system that is so aggressive to Amazonia react and conspire immediately against anyone who does not sign on with the plan. Dorothy was a victim of her love for Amazonia. Because of this love she lost her life. More
Another Africa is not just possible, it has already begun – InterPress News Service
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Peru has declared a state of emergency in jungle areas where indigenous groups are blocking oil and gas installations in protest at a new land sale law. The measure allows the authorities to send in troops and bans public gatherings for 30 days. Some 65 Amazon tribes say the law will make it easier for big energy companies to buy up their land, parts of which are known to be rich in oil and gas. The indigenous people have been demonstrating for more than a week at hydro-electric dams and oil and gas installations in three different parts of Peru’s Amazon basin.They are angry at a law which they say makes it easier for investors to buy their land because it lowers the bar for consent from two-thirds of a community assembly to a simple majority.
The legislation is one of a number of laws being passed as part of Peru’s free trade agreement with the US. More