|
|||||
|
AS A GROWING POPULATION STRESSES the world’s food and water supplies, corporations and investors in wealthy countries are buying up foreign farmland and the freshwater perks that come with it. From Sudan to Indonesia, most of the land lies in poverty-stricken regions, so experts warn that this widespread purchasing could expand the gap between developed and developing countries. The ‘water grabbing’ by corporations amounts to 454 billion cubic metres per year globally, [...] Ron Paul Warns Currency Devaluation Is `Dangerous’
Feb. 8 (Bloomberg) — Former Congressman Ron Paul, a Texas Republican, talks about governments’ strategy of devaluing their currency to gain an advantage in trade. The yen jumped the most in almost two years against the dollar after Japanese Finance Minister Taro Aso said the pace of its recent slide has been to rapid. Paul speaks with Sara Eisen on Bloomberg Television’s “Lunch Money.” (Source: Bloomberg)
Woody [...] Fast food company said test results at production plant revealed ‘very small trace levels’ of horse DNA in its products Burger King has revealed that some of its burgers were contaminated in the horsemeat scare, as the tainted food crisis threatened to undermine the confidence of consumers, and major retailers tried to protect their reputations. The fast food company, whose products were not tested in the food standards checks by Irish authorities that sparked the furore [...] from Russia Today: Recent increases ‘just the tip of the iceberg,’ managing director Mark Price
Massive rises in food prices will hammer family budgets this year, the boss of one of Britain’s biggest supermarkets warned yesterday. Waitrose managing director Mark Price said recent increases in the price of bread and vegetables were ‘just the tip of the iceberg’, with prices [...] Mac Slavo
Grocery stores may still be stocked with food and most Americans are still able to keep their family’s fed, but with 50 million Americans requiring government assistanceto do so and prices on a seemingly never ending rise, how long will it be before the situation becomes unmanageable?
“The global food crisis you need to prepare for is now imminent. For the past six years the world has consumed more food [...] ANKARA, Turkey — With bread scarce in major cities and towns, infant formula in extremely short supply and fuel costs skyrocketing, civilians in war-ravaged Syria face an acute food crisis that might end in starvation for many, according to activists from around the country of 22 million. In the eastern city of Deir el Zour, eight infants have starved for want of powdered milk since a major military assault there began in [...] [Ed. Note: What happens when America's 'just-in-time' food distribution system collides with drought, followed in turn by massive price inflation as the dollar is printed into oblivion? Very hard times, dead ahead. You've been warned.] from PeakResourcesORG:  Fears of a repeat of the 2008 Global Food Crisis The United Nations Organization sees signs in the current situation in world food markets that point towards a possible repeat of the world food crisis in 2007 and 2008, when prices of staple foods skyrocketed, creating instability which led to huge social upheavals. Measures are needed in the short, medium and long term, state experts from the UN. The directors of three [...] By Michael For six of the last eleven years the world has consumed more food than it has produced. This year, drought in the United States and elsewhere has put even more pressure on global food supplies than usual. As a result, global food reserves have reached their lowest level in almost 40 years. Experts are warning that if next summer is similar to this summer that it could be enough [...] More doom from the UN: • Extreme weather means climate ‘is no longer reliable’ World grain reserves are so dangerously low that severe weather in the United States or other food-exporting countries could trigger a major hunger crisis next year, the United Nations has warned. Failing harvests in the US, Ukraine and other countries this year have eroded reserves to their lowest level since 1974. The [...] John Vidal World grain reserves are so dangerously low that severe weather in the United States or other food-exporting countries could trigger a major hunger crisis next year, the United Nations has warned. Failing harvests in the US, Ukraine and other countries this year have eroded reserves to their lowest level since 1974. The US, which has experienced record heatwaves and droughts in 2012, now holds in reserve a historically [...] by Phoenix Capital Research
By all counts, the latest ISM (a measure of manufacturing in the US) was a complete and total disaster. In August the ISM hit 49. Anything below 50 is considered a recessionary rating.
However, things are even worse below the surface. The ISM is made up of several components. Its Production component is back to May 2009 levels. The New Orders component is back to April 2009 levels.
And worse of all, [...] by Phoenix Capital Research
We’ve entered a truly dangerous environment in the financial markets. Economic fundamentals are deteriorating rapidly. Consider the US… By all counts, the latest ISM (a measure of manufacturing in the US) was a complete and total disaster. In August the ISM hit 49. Anything below 50 is considered a recessionary rating. However, things are even worse below the surface. The ISM is made up of several components. Its Production component [...] Susanne Posel Since 2010, the UN Food and Agricultural Organization have stated that the rise in food prices is directly correlated to the 80 million people being added to the world’s population annually. This fact, according to the globalists at the UN, is beginning to “tax both the skills of farmers and the limits of the earth’s land and water resources.” Susanne Posel
Since 2010, the UN Food and Agricultural Organization have stated that the rise in food prices is directly correlated to the 80 million people being added to the world’s population annually. This fact, according to the globalists at the UN, is beginning to “tax both the skills of farmers and the limits of the earth’s land and water resources.” by Michael A devastating global food crisis unlike anything we have ever seen in modern times is coming. Crippling drought and bizarre weather patterns have damaged food production all over the world this summer, and the UN and the World Bank have both issued ominous warnings about the food inflation that is coming. To those of us in the western world, a rise in the price of food can be a [...] Three United Nations development agencies issued a joint statement yesterday warning world leaders must take coordinated action to stem rising food prices.
Prices spiked 6 percent in July, “raising fears of a repeat of the 2007-2008 world food crisis.” The WFP estimates that every 10 per cent increase in the price of its food basket means it has to find an extra $200 million a year for food assistance. “We need to act urgently to make sure that these [...] Deep Fried Black Swan Lands As China Admits It Has A Food Inflation Problem, Releases Corn, Rice From Reserves As Rationing Is In Full Force. Now pay attention! This is already happening in China due to the US drought – how long before the rooster comes home to crow? Last week we wrote an article that to many was anathema: namely an explanation why everyone is deluding themselves in their expectation that the PBOC [...] The Chinese government is openly talking about a global food crisis and has instituted rationing. On the menu deep-fried Black Swan From ZeroHedge: Bottom line – rationing is in full force, and given the continually declining state of the US corn crop, more will be needed,” said Christopher Narayanan, head of agricultural commodities research at Societe Generale. China’s State Administration of Grain did not specify the volume of corn or rice to be released [...] From Reuters: Global alarm over a potential repeat of the 2008 food crisis escalated after data showed food prices had jumped 6 percent last month and importers were snapping up a shriveled U.S. grain crop, helping drive corn prices to a new record. Ahead of a critical government report on Friday on the state of the U.S. corn and soybean crops, which have been decimated by the worst drought in over five [...] From Newsmax: While the relentless drought affecting much of the United States has increased agricultural commodity prices, a larger force is at work… and this is only the beginning of the price increases, according to Jeremy Grantham, co-founder of the global investment management firm GMO. We are “about five years into a chronic global food crisis that is unlikely to fade for many decades, at least until the global population has considerably [...] By Jonathan Burton, MarketWatch The road to Dystopia is paved with dust and hardship. Such is the gloomy worldview of Jeremy Grantham, chief investment strategist of Boston-based institutional money manager GMO LLC. He envisions a future of scarce resources, where food and the means to produce it is the coin of an unstable realm. “We are five years into a severe global food crisis that is very unlikely to go [...] In the early spring this year, US farmers were on their way to planting some 96m acres in corn, the most in 75 years. A warm early spring got the crop off to a great start. Analysts were predicting the largest corn harvest on record. The United States is the leading producer and exporter of corn, the world’s feedgrain. At home, corn accounts for four-fifths of the US grain harvest. Internationally, the US corn crop [...] The US drought, which as previously noted, is the worst in decades, has already caused corn prices to hit a record, and soy to soar. And as we first reported last week, and subsequently Bloomberg also caught, Asia could well be next to suffer soaring food prices next as “the monsoon season, which is critical for that country’s agricultural production, is 22% below normal conditions for the year.” In fact, if there is [...] Food inflation fears grow as corn jumps to record Long-term food crisis is just beginning, say analysts Myra P. Saefong, MarketWatch Corn in a drought-stricken farm field near Evansville, Indiana on July 18. SAN FRANCISCO (MarketWatch) — More than four years after food inflation sparked a wave of riots around the world, consumers are facing the highest-ever prices for corn and may have seen the last of the rock-bottom prices for food staples. “Food today [...] by Michael Are you ready for the next major global food crisis? The price of corn hit an all-time record high on Thursday. So did the price of soybeans. The price of corn is up about 50 percent since the middle of last month, and the price of wheat has risen by about 50 percent over the past five weeks. On Thursday, corn for September delivery reached $8.166 per bushel, and [...] Record cereal prices are prompting fears of escalating food costs around the world and drawing comparisons with the 2007-08 crisis, when food riots broke out across the globe. While the UK is drowning in rain, the US has suffered one of the worst droughts in more than half a century, withering the country’s corn crop. The US is crucial to global food markets as the world’s largest exporter of corn, soya [...] The FT’s front page story…
FT
businessinsider |
Custom Search
    |
||||
|
Copyright © 2013 InvestmentWatch - All Rights Reserved |
|||||
