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Stop bankers
betting on food!
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50
75
100
125
150
175
200
225
1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010
Foodp
rice
index
(2
002-2004=100)
Food prices 1990-2011
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Selling your possessions
I had to sell everything I had just to be able to feed myselfand my four children. My last remaining cow was so wastedfrom drought and lack of food, I had to sell it for a mere 300shillings (2.50).
Consolata M Kiswili, Farmer, Makueni district, Kenya
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Giving up healthcare oreducation
Sudden increases in food prices meant that we had to
forgo medication for our various ailments.
Geoffrey Muchori and Gladys Wambui,Farmers, Kangema district, Kenya
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Malnutrition
In 2008, people in this area were suffering from malnutrition.Some people were just eating maize, which we cook as ugaliand githeri. There are no greens or proteins in these meals, somany people suffered from diseases related to malnutrition.
Phyllis Nduva,Makueni Social Forum, Makeuni district, Kenya
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Back to hunger
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Food aid costs doubled
2001 - $200 per tonne2010 - $390 per tonne
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Arent high prices good for
farmers?Arent high prices good for farmers?
Net buyers
Price volatility
Big business
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July 2010It has been a rollercoaster week for
wheat markets as crop uncertaintyand speculative activity continue todrive volatile price swings.Farmers Weekly, July 2010
Six people, including two children,are reported to have been killedduring riots in Mozambique's
capital, Maputo, over rising foodand fuel prices.BBC, September 2010
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http://www.youtube.com/watch?v=rpM9XxJ-vo48/3/2019 World Food Day Event Oct 2011 Slides
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USA, 1800s
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USA, 1930s
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1990s
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Other factors
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Michel Barnier, European Commissionerfor the Internal Market
Speculation in basic foodstuffs is a scandal when thereare a billion starving people in the world.
We must ensure markets contribute to sustainablegrowth. I am fighting for a fairer world and I want Europeto take the lead on that."
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Does anyone else think foodspeculation is a problem?
EuropeanCommissioner, MichelBarnier
French president,Nicholas Sarkozy
UN SpecialRapporteur on the
right to food, Olivierde Schutter
Hedge fund manager,Michael Masters
Richard Branson,Virgin Group
Howard Schultz,
Starbucks Paul Polman,
Unilever
National Farmers
Union Scotland Pope Benedict XVI
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What can you do?
Write to Mark Hoban, FinancialSecretary to the Treasury to askhim to support regulation on foodspeculation
Sign up to WDM e-news to get thelatest actions and updates
Join WDM and local activities nearyou
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