tv [untitled] March 5, 2011 5:30pm-6:00pm EST
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water. possibly it's not traded now. but it could be in the future for the full so we've got. the biggest issues get the human voice face to face with the news makers. for the twenty four hours a day this is r.t. from tonight from the russian capital substories the sound of fresh battles erupting if there is color pushes ahead to regain power in the country locals fear foreign forces will intervene but with a sinister hidden agenda meanwhile british troops are on standby and u.s. forces a gathering across the ministry. of. mixed emotions in egypt for some sort of break the new found freedom while others remain on the streets demanding more of their ongoing fight is having an effect on the country's economy is tourist turnout but
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damages told me over a billion dollars. it's fifty eight years since the death of joseph stalin for decades on his neck as he still divides opinion he created a cult of personality around himself but not everyone was convinced to fellate him speak for a man who went from war hero to labor camp prisoner on the order of the soviet leader. as the news continues on a lot in the meantime we have a special report about a month supply the world's food if i know that millions of people die from hunger each year and when there's more than enough to feed the entire planet that's our special report next.
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i had to describe chicago's food market for theater play up was i thought it would be easy to get information by asking a few specialist stockbrokers. was was was nice. but it wasn't like that up none of the people i asked were able to explain the norms that rule the stock market. was was was. but again believe it was something that couldn't be explained or conceived by the human mind therefore it was something absurd the way in which the production was being allocated was simply in comprehensible situations unbearable to everyone save a bunch of profiteers. was
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us. this is buying your this way this is selling cancer this way. this is a service out of it by trying to do your bidding a quarter of a sense as would be off half said. was. mr victor lespinasse as a player on the chicago grain rockets. chicago gray market is different from other stock markets as we know them up here it is food that is bought and sold wheat corn rice soya all of oil and milk animal and sales and even pigs stomachs. us. might be at the desk when you finish an order into the pit. hope.
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two hundred at the market. will buy the two hundred. flash back. two hundred say. seven and a half. hour you could tell him cancel the order for it. was through the chicago grain market is the biggest in the world and it's sessions largely to find the prices of the food he put on the table every day through thank god. it was created. as an open and loud auction where the area's farmers would sell their crops to
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global warming and biofuels have been accused of causing the food shortages that led to a dramatic increase in prices. unpredictable droughts and destroyed rice and wheat crops well a big part of the u.s. corn harvest is turned into fuel for cars and not for people. a classic fieri of supply and demand offers a limited explanation as to why over the course of two years the prices of rice have gone up by two hundred seventeen percent of week by one hundred thirty six percent of corn by a hundred and twenty five percent and of soya by one hundred seven percent there is sort of theoretical ways describe you to say it's greed and there's practical ways
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ascribing to say this capitalism. is certainly a food system which is has always been somewhat corrupt. is now at this point perhaps more in crisis and more corrupt than ever been before and here in history. in wealthy countries an increase in food prices means more expensive products in the supermarket however in poorer nations it means hunger and death as most people cannot afford them. i don't know that's that doesn't enter into my thinking i don't know i don't think about that i just i'm trying to figure out what the market's going to do. whether it was logical or not to me is beside the point. because what counts to me is what is the market's reaction going to be because i'm a speculator i'm trying to make money off the the movement in the price of grain.
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prices maybe kit may have become a little. may have become too extended but the market acts really quite rationally it just takes some time for that rationality to come to fruition and to correct. until the market was corrected another seventy five million people were added to the list of the planet starved raising the total number to nine hundred twenty three million. and this happens at a moment when there is more production than ever in the last decade and there is still enough food to properly feed all the inhabitants of this planet or people have argued that it's because of increased demand for for meat and dairy
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products and india and china that's simply not true it's really a negligible consideration. it is because of speculation because it's a commodity that serve food as a commodity like light silver or gold they can be negotiated and accorded to some degree and we're seeing that taking place the high rise of thought is because food has been put on the global scene and this is believed that's not stopping famines we have to bring food out of the international trading system we have to bring food back into national and local food sovereignty. while yet. i suspect.
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that's. india is the world's second biggest rice producer following china it is also third in terms of wheat production. so it would be expected to find low hunger amount nourishment indicators in india. yet there are more people starving in this country than anywhere else over two hundred million and to complete the paradox they are mostly farmers.
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follows while growing on food. because grain is being sold to look at the seeds this negative the corn it is the reason for hunger today. imagine state has the highest levels of child malnutrition and therefore the country's highest infant death rate. the situation is this critical as. in africa's ethiopia. but the six per cent of the children that money that is to india
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this is the. good but then there's the family and so in my people the sixty percent and you can convert them into number at about six minutes to. one hundred people. so these children have more probably going to normandy and fifty percent of the frame are going to be have the money. and the price is down but the one p.p.b. it's the put to use only and it's also because i'm going to say that it impacts on the internals on simpson but each family member. dr van den i go well works for unicef. the organization has set up feeding centers
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in cities and villages in collaboration with the government. and you know. there are voluntary workers monitoring the children's weight and health thank you. but. i'm coming off. they are in charge of feeding them since their families are too poor to do so you. know this is people will see that it is still. a mother city she votes in feel good the morning she left it to feel that she'd be better to have a. got. there we will need to complete it she just had our heads up but this is morning. it is the baby
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in a good quantity of food for nineteen months or would be. if the toilet here is a bit thin and last year and i just finish and because what should we. see hundred of branches in there john that is hundred and. that indicates that this sale is in c.v. or the if you like at least and she needs you they work for everything that you are under the good people. believe you are living the. leak you. i don't party is how can we get tries before five queues of which cost three four rupees now they cost people to
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sixty rupees how can people buy at. a banquet if there is only one person working in the family how he can only get so much so what can the people do ask for a loan should buy vegetables should they buy wheat we also need money for doctors don't we need money to go to the mill you do nothing with five kilos of wheat what can a man by with just one salary. states. that poor people have a big problem very worried you can see now people have one two children and they can't even take care of them the children are always hungry the situation is dramatic. what can the poor do spend money on doctors feed their children well very worried.
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that. if i did but monitor them all that i get sixty rubles about one euro a day. i spend forty eight to forty five rupees a day. humid out. in the market the prices are very high. a kilo of oil costs eighty rupees it is very hard for us to buy it will be five kilos of wheat or sixty rupees. prices have gone up a lot since last year. if there is one person working in we eat twice a day there is nothing left. for lame olive garden we can eat less a little bit again but the children can be left without food on it with all of the
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layout ahead. a few things other than a coming a little bit of. the . thousands. the residents depend on the state for food. in every town and village little state shops have been set up selling food at very low prices. google know little bit with ninety rupees made by thirty five kilos of food and we get along with that we go to the shop with our family coupon and they give us the equivalent amount. and.
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this is the biggest eight provision program in the world. to the corporate men so we have all of the border looks of community in terms of you can race power and work on all classes sixteen million pounds of food creates rich meats the foreclosures are going to be the biggest food greens trading company in the. in one thousand nine hundred seven india was forced to adapt its national provision system to the commands of the world bank and the world trade organization. providing cheap food to the people was against competition and the free market. as a result beard was greatly reduced we heading in the business of food distribution system at p.b.s. the world bank forced us to dismantle it as long as the system was in place the
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farmers had a guarantee that everyone could agree to affordable food piece of paper ration card because india's identity got with that russian party what do you want to shock and get the one to kills. the world bank dismantle that so that the corporations. that's like hundred thirty than fifty years ago that is right seventy percent of children are malnourished but india has approved it. look. at the same time the world trade organization convinced india into canceling the limitations imposed on imports so important products flooded the market causing considerable damage to india's farming economy. or. we were going to see ninety's on clothes and of before the opinion in boarding only people sent
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would know we are importing foreign so imposing he said again to almost say. when food prices rocketed india like other countries limited to its exports in order to feed its own people i will foster responsibly used won't be. so if the price of the going to sleep in the water we will do all the measures going for distributing the places begin to grow so we really put it he put a ban on. that export off the ice for some time so that the prices go stale. this provoked the wrath of the world trade organization which accused the country of causing a lot of damage to the free market and i thought it was an utterly illogical decision was a very bad decision in a world where free trade is is always trying to grow and the world is smaller and trade is becoming freer i think that the process that india adopted was
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really. quite illogical. mr lespinasse gambles with foods and by styles of tonnes of rice and wheat in the future in other words he buys crops that don't get exist if you're not trading the actual cash physical grain you're trading promises for grain to be delivered a month or six months or twelve months or eighteen months in the future so you might be trading grain that actually exists but you might just as well more often be trading grain that doesn't even exist yet so your trading promises and your trade him back and forth and if you make a promise to buy it a certain price at a certain time you can cancel that out by selling that same contract back into the
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look. they've given. your needs. and the need to do radium inveigh against him simone number for the bars he goes displayed in that artist's. most dangerous. radiation that exists in the nature. of the group in the vicinity of known differentiated so produce is so much the engine any changes including pantsuit leukemia. might be out of the immune system. you don't have to have a college degree going to have to open a privilege occasion to understand that if you spread radioactive materials all
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over somebody's backyard that you've got a problem. with a number on our hero. we hear it because i like cash outs that's up. god promised them this milind along stuff some. will if they are still going to be thinking that. and gone chosen people will not believe that god is a real estate agent say ok it is that is just for you guys this guy is as. this is. my. right.
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