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CNBC reports: ‘With corn prices having rallied almost 50 percent since early June, soybean prices up 30 percent and wheat prices having risen some 40 percent, commodity traders like Louis Dreyfus are in for bumper profits.’ The U.S. drought sent grain prices to record highs and destroyed a large part of this year’s grain production. [...]  Text published recently at the Huffington Post:
A 2006 study found that El Salvador’s San Sebastian River contains 100,000 times more acid than uncontaminated bodies of water in the same region and levels of poisonous cyanide more than 10 times higher than the maximum allowed by the World Health Organization. In 2006 the Salvadoran [...] Agribusiness companies have been posting strong revenue and profit gains, and the long-term outlook is even brighter for industries involved in feeding a hungry and growing world. The U.N.’s Food and Agriculture Organization estimates that agricultural production will need to increase by at least 70% worldwide between now and 2050 to meet the needs [...] Radiation-detecting devices are on back order at most suppliers. Demand for radiation detection devices from companies sending oil, natural gas and other cargoes to and from Japan is rising after an earthquake damaged the Fukushima Dai-Ichi nuclear reactor. “There’s been exponential demand because of the nuclear problems in Japan” for detection devices, said a [...] Colombia's proposed "dry canal" proposal with China has focused attention of how U.S. demands of free trade and privatization have impacted Latin American countries. For 30 years, Washington has been shopping a trade-not-aid based economic diplomacy across Latin America and beyond. According to what is generally known as the “Washington consensus”, the US has [...] China’s growth rate isn’t remarkable compared with that of other East Asian nations. But its huge population makes China more important – and its government has used that marketplace leverage to lure multinational firms and to arrange for the transfer of valuable know-how in joint ventures. That raises the prospect that China may catch up [...] Iranian President Mahmoud Ahmadinejad and Venezuelan President Hugo Chavez The recent border dispute between Costa Rica and Nicaragua is a sign of an ambitious plan by Venezuela, Iran and Nicaragua to create a “Nicaragua Canal” linking the Atlantic and Pacific oceans that would rival the existing Panama Canal. Costa Rica says that [in November], [...] |
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