Friday, August 31, 2012 | Categories: Episodes
Today's guest host was Piya Chattopadhyay.
Part One of The Current
It's Friday, August 31st.
A liberal Senator who was diagnosed with Alzheimer's remained on the job and even voted on 12 different occasions.
Currently, other Senators are stunned -- and worry she's set the bar pretty high.
This is The Current.
Who's Profiting from the Food Crisis? - UN, Food & Agriculture
Mukrhan Mohammed has to be choosey when shopping at the El Harrach market just outside Algiers in Algeria. The country faced food riots this summer as prices for sugar and wheat climbed.
The world faces food shortages this year, mainly due to drought. And prices don't have to rise very much to leave many people hungry, according to Robert Fox, the director of Oxfam Canada. We aired a clip.
Last week Chris Mahoney, the director of agriculture trading for Glencore, one of the world's largest commodities trading companies said the current food climate would be "good" for Glencore's profits. This year, the company reported profits of more than two billion dollars. His remarks were certainly controversial.
The United Nations attributes part of the rise in food prices to market speculation. Some European banks have re-evaluated whether they should be trading in food at all because of these ethical concerns.
David Hallam is the director of trade and markets with the Food and Agriculture Organization with the United Nations and we reached him in London, hello!
Who's Profiting from the Food Crisis? - Leftfield Commodity Research
Our next guest says futures trading on commodities doesn't deserve the bad rap it's received. Chuck Penner is the founder of Leftfield Commodity Research. He joined us from his home in Winnipeg.
This segment was produced by The Current's Lara O'Brien and Josh Bloch.
Other segment from today's show: