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Friday, March 11, 2016

 

The backlash begins against the world landgrab

Telegraph, UK, Sept 13, 2010

 

Last week's long-delayed report by the World Bank suggests that purchases in developing countries rose to 45m hectares in 2009, a ten-fold jump from levels of the last decade. Two thirds have been in Africa, where institutions offer weak defence.

As is by now well-known, sovereign wealth funds from the Mid-East, as well as state-entities from China, the Pacific Rim, and even India are trying to lock up chunks of the world's future food supply. Western agribusiness is trying to beat them to it. Western funds - many listed on London's AIM exchange - are in turn trying to beat them. The NGO GRAIN, and farmlandgrab.com, have both documented the stampede in detail.

Hedge funds that struck rich 'shorting' US sub-prime have rotated into the next great play of our era: 'long’ soil. "Productive agricultural land with water on site, will be very valuable in the future. And I've put a good amount of money into that," said Michael Burry, star of 'The Big Short'. .....More

 

Generosity or a guilty conscience?

 

BBC, Sept 13, Ghanadot - President Jacob Zuma's son, Duduzane, has just revealed that he plans to donate a fortune...All of the money comes from a controversial mining deal that has outraged many here and led one union leader to describe South Africa as "heading in the direction of a full-blown predator state, in which a powerful, corrupt and demagogic elite of political hyenas increasingly controls the state as a vehicle for accumulation".  .....More

 

  How did Sudan implode so catastrophically?

The WSJ, Sept 12, Ghanadot - Peace has eluded Sudan since its inception in 1956. Sudan was technically the first sub-Saharan African country to gain independence from a colonial power,
......More

The backlash begins against the world landgrab

 

Telegraph, UK, Sept 13, Ghanadot - Last week's long-delayed report by the World Bank suggests that purchases in developing countries rose to 45m hectares in 2009, a ten-fold jump from levels of the last decade. Two thirds have been in Africa, where institutions offer weak defence. ..More

  Dr. Kwabena Adjei directs police to arrest NDC

JoyFM, Sept 13, Ghanadot - What he told them was that he made that statement on behalf of the functional executive committee of the party…  …and so the statement was not his personal statement ...and so if they want to speak with him, on Tuesday they will be having their functional executive committee meeting, the party will be present .... More
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