Food Crisis Reverses Middle Class Trend in Latin America – New America Media
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. More
Reasons for Rising Food Price – Washington Post
No single factor can be blamed for the global food crisis. An unlucky confluence of events over the past several years contributed to soaring prices. More
Multinationals make billions in profit out of growing global food crisis – The Independent
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. More
Globalisation is good for you – Red Pepper
Many socialists look to the state as the decisive instrument of social change. Nigel Harris argues that, on the contrary, nation states, with their priorities and resources focused on maintaining power through military might, hold back the reduction of poverty. He insists that globalisation, despite all of its ambiguities, is essentially a liberation from the shackles of the competing nation state. We have to look to NGOs and social and labour movements to constrain the market, he says.
BRASILIA, Brazil (CNS) — Brazil’s Catholic bishops have joined a 21st-century abolitionist movement called the National Front Against Slave Labor. The front, which includes congressional leaders and representatives of unions and social movements, was launched June 4. Its immediate goal is to push new anti-slavery legislation through Brazil’s National Congress before the July recess. “Slavery is an abominable practice that the church in Brazil, through the voice of some bishops and the Pastoral Land Commission, has denounced since the 1970s in a systematic and documented way,” said a bishops’ conference statement read by Father Jose Ernanne Pinheiro, political adviser to the bishops, during the campaign launch. Slavery was abolished in Brazil 120 years ago, but special teams in Brazil’s Ministry of Labor have rescued nearly 29,000 people from forced labor since 1995. Many of them were poor peasant workers on farms.
Maurice Carney analyses the recently-concluded review of Congo’s mining contracts and the significance of this process in safeguarding the country’s considerable mineral wealth. more