Multinationals make billions in profit out of growing global food crisis

With increased demand for biofuels and meat consumption from India and China come food speculation that is also part of current food crisis. "Index-fund investment in grain and meat has increased almost fivefold to over $47bn in the past year, concludes AgResource Co, a Chicago-based research firm. And the official US Commodity Futures Trading Commission held special hearings in Washington two weeks ago to examine how much speculators were helping to push up food prices."

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Multinationals make billions in profit out of growing global food crisis

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