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tv   [untitled]    March 6, 2011 5:30am-6:00am EST

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what about if you want to see live from moscow today we take a look at the top stories of the we fighting continues around libya reports of heavy gunfire in the capital are dismissed by the government as simply program often celebrations. on the rest of the oil rich arab world sand shock waves through the u.s. economy as a protest the fuel prices soaring. hillary clinton throws down the gauntlet to the u.s. media to its game against other countries international media outlets including our
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team. many britons prepared to boycott the approaching nationwide census outsourced to a controversial u.s. firm over fears all their personal info by overseas. yes we have a special report for you about demand and supply of the world's food find out why millions of people die from hunger each year where there is more than enough to feed the entire planet. was was . i had to describe chicago's food market for theater play up was i thought it would be easy to get the necessary information by asking a few specialist stockbrokers it. was us who was
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was. but it wasn't like that up none of the people i asked were able to spin the norms that rule the stock market. was was was. i began to 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 global grain production was being allocated was simply in comprehensible situations unbearable to everyone save a bunch of profiteers. it was us. this is by hands or this way this is cell cancer this way. this is
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a sense of the back trying to your bidding a quarter of a cent this would be. was . mr victor lespinasse as a player on the sick how the brain rockets. the chicago grain market is different from other stock markets as we know them well i'm here it is. food that is bought and sold wheat corn rice soya all of oil milk animal and fields and even pigs stomachs. the first six us might be at the desk and you finish an order into the pit you tell your broker hope by. two hundred at the market. we'll buy the two hundred and then will slash two back in two hundred and say. seven and
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a half. or you could say you could tell him cancel the order for us was was was the chicago grain market is the biggest in the world and it sessions largely to find the prices of the food he put on the table every day i was it was created in eight hundred forty eight as an open and loud auction where the area's farmers would sell their crops to merchants. as practice hasn't changed much since then but the economy's ethics definitely have. i was with
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was i. guess everything has a school. this is the sound we gain respect to my discipline. the solution rests on christian piskies. this is. what i call silence tsunami. hitting in one place this is something that knows no borders.
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to receive meeting of the heads of u.n. agencies turned into a crisis summit as the world cup's the cost of. living . how. many cases have come to me my traditional dishes from hunger pains to keep me in the. central plateau and vegetables trying.
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to live. things like. i. still. dozens of missing children resting spot surprising places. this is all rest they took one song beats him severely breaking both his legs my son called war call speaking of my son his dog thank you. thank you. thank you. thank. you. for me and biofuels have been accused of causing the food shortages that led
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to a dramatic increase in prices. droughts have destroyed rice and wheat crops well a big part of the u.s. corn harvest is turned into fuel for cars and out for people. they classic theory of supply and demand offers a limited explanation as to why over the course of two years a prices of rice have gone up by two hundred seventeen percent of week by one hundred thirty six percent of corn by a hundred twenty five percent of soya by one hundred seven percent there's sort of theoretical ways ascribe you to say it's greed and there's graduates describing to say this capitalism. certainly a food system which is has always been somewhat corrupt and is now at this point perhaps more prices and more corrupt than ever before here in history. in wealthy
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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. rather 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 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 moments when there is more production than ever in the last decade and there's still enough food to properly feed all the inhabitants of this planet and people have argued that it's because of increased demand for for meat and dairy products and that's simply not true or superficially a negligible consideration. it is because of speculation because it's a commodity that food is a commodity like like silver or gold that can be negotiated and accorded to some
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degree and we're seeing that taking place the high rise that. is because food has been put on the global scene and this is really that's that's that's not that's a ban and we have to bring food out of the international trading system we have to bring food back into national and local food stuff and if you. while yet. but. let's. say. that.
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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 and malnourishment 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. follows one growing on food. because grain is being sold and the chemicals and seeds this negative the culture as i call it is the reason behind.
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this is a picture. of . the magic state has the highest levels of child malnutrition and therefore the country's highest infant death rate. the situation is as critical as a. africa's ethiopia. up to six percent of the two hundred one that is to india this is them being deported by the next and from the hands of the in much deeper the sixty percent and you can convert them into no multiple six minutes or. more
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thinking about that. to these children and more probably by the moment i'm fifty percent of the fame or have the money. and the price is still but we run to the pussies only it is also has the goods and bitches about it on the internal consumption by each family member. dr van den i go well works for unicef. the organization has set up feeding centers in cities and villages in collaboration with the government. under no matter how many. there are voluntary workers monitoring the children's weight and health thank you. for what. i am i think all.
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and. they are in charge of feeding them since their families are too poor to do so you. know this is a good people see that a lot of these children. are mother city she votes in feel good morning she lifted over it to feel that she would be better for the. but. there it will need to complete it she just had after book this is morning and it is the baby in there because i want to feel for the board nineteen months or did. you receive it while if you are here to be in a spot here and have his mission vehicle actually.
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see what made up about our circumstances and their joy that his hundred. best indicates that this terrorist in c.v. or the if you like at least and she needs you they've got perfect got you under the coffee. table you. mean. you. know. i don't party is how can we get tries five kilos of weed cost three four rupees now they cost fifty six to rupees how can people buy out. 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
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a loan should they buy vegetables should they buy wheat we also need money put doctors don't we need money to go to the mill you do nothing with five kilos of wheat what can one buy with just one sound very. few. when people have a big problem well 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 this is ration is dramatic. what can the poor do spend money on the tourists out feed their children well very worried. that. if i back mom as a mother i get sixteen rubles about one euro a day. i spend forty eight to forty five rupees
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a day. ago to. buy in the market the price is a very high. a kilo of oil cost eighty rupees it is very hard for us to buy it that will appeal the five kilos of wheat or sixty rupees. prices have gone up a lot since last year. if there is one person working and we eat twice a day there is nothing left. for lame olive garden we can eat less and there's a bit of it but the children can be left without food on a local regardless of the layout ahead. it's just fifty. up on a comical little but it can. now
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tell. us. yes. 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. good in a little bit with ninety rupees we buy 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. this is the biggest a provision program in the world. to me to the core of the program so we have all of the border god love of communion comes of even great power and work on all
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classes sixteen million pounds of food goods we've missed the forgotten how 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 had a universal food distribution system but b.d.s. the world bank forced us to dismantle it as long as the system was in place the farmers had a guarantee. everyone had to go to affordable food get the piece of paper ration card it was india's identity card with that ration card you could walk to your corner shop and get the one on two pillows from. the world bank
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dismantle that so that the corporations market that's why most people are hundred to leave the thousand years and all that is right seventy percent of india's children are malnourished but india has appropriate numbers. 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. before. we were going to have to seeing ninety's on percent of the people of india in boarding only people sent would know we have imported or so imposing he said again buffalo almost say. when food prices rocketed india like other countries limited to its exports in order to feed its own people i will foster
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responsiblities for our own people so if the prices of the going to keep going to war we will do all the missions going for this community the places we are going to go so we may be with a ban on. the export of off rice for some time so that the prices go stable. 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 the session 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 really. quite illogical. was. mr lisbon nice
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gambles with foods he buys thousands of tons of rice and wheat in the future in other words crops that don't yet exist gernot trading the actual cash physical grain or 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 you're trading promises and you're trading back and forth and if you make a promise to buy at a certain price at a certain time you can tassel that buy by selling that same contract back into the market and that's what happens with most contracts they're never actually delivered upon or traded back and forth and they cancel each other out.
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of the income. he needs. and the media radium indeed infinitesimal number for the car because he's scraped into. the most dangerous. radiation that exists in the nature. of the group in the vicinity of known difference even so the produce is so much deeper and genetic changes including the answer leukemia. why didn't out of the immune system. you don't have to have a college degree you know you have to be printed your patients understand if you spread radioactive materials all over somebody's backyard that you've got a problem. in the
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observed nature and discover isp easy. to. be communicate with the wild and lemon. test yourself and become free and. see what nature can give you the nazi. wealthy british science scientists pastimes. market. find out what's really happening to the global economy with max cons are there are no holds barred look at the global financial headlines
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tune into cars a report. from both. more news today violence is once again fled up the film these are the images. from the streets of canada. today. to cool. down the official. called touch from the top story. life on the go. video on demand all keys money for old cars an r.s.s. feeds now in the palm of your. question.
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