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tv   [untitled]    November 22, 2011 7:30pm-8:00pm EST

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welcome more of the stories we covered go to our team dot com slash usa and check out our you tube page at c.n.n. dot com slash r.t. america you can also follow me on twitter out as well i'll see you right back here and a half hour. get on sometimes you see a story and it seems so for like sleep you think you understand it and then you've lived something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm charging welcome to the big picture. wealthy british style sun. spot on the tires.
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market why not. find out what's really happening to the global economy with much stronger for a no holds barred look at the global financial headlines tune into cars a report on our cheap. down the field official ante up location job i phone the i pod touch from the i choose option. life on the go. video on demand on season one rolls costs and already since feeds now in the palm of your. question on the dot com. the same issues. couldn't take three months for churches three. months three. three. priests.
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the old free blog plug in video for your media project a free media. tom. a very warm welcome to you this is your news today protesters on wall street they have. to get the status of the human experiments good. business rap music would it. be trying to censor global economy and it's all changed things . to maintain our confidence in monkeys in. these recent b.p. missions close to collapsing or so close. to fail circulate think and feel
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like things in us crash. killing. the buses and sixty six million plus programs increase the total economy. news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. china operations are today.
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i was i was.
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lucky i had to describe chicago's food market for theater play up was i thought it would be easy to get the address area information by asking a few special i stock brokers. was was was. 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. 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 in comprehensible situations unbearable to everyone
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save a bunch of profiteers. they were was us. this is by answer this way this is cell cancer this way. this is a clear sense of the back trying to your bidding a quarter of a cent this will be off half. was i mr victor lespinasse as a player on the chicago grain barcus. chicago grain market is different from other stock markets as we know them was here it is food that is bought and sold wheat corn rice soya all of oil milk animal and feels and even pigs stomachs. i am was us might be at the desk when you finish an order into the pit
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you tell your broker hook by about two hundred at the market. will buy the two hundred and then hell flash you back in two hundred and say. seven and a half. so are you could you could tell him cancel the order for us was was the chicago grey market is the biggest in the world and it sessions largely to find the prices of the food we put on the table every day i was was it was created in eight hundred forty eight as an open and loud auction where the
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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 i was i guess i was. everything has a. this is something we've gained respect like this. social unrest we're on cricinfo.
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this is genuine it's what i call silence tsunami. hitting in one place this is something that knows no borders. on the role of the receiver meeting of the heads of u.n. agencies turned into a crisis summit as the world notes the cost of. many cases has come to me like any traditional asian country from hunger pains me.
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because he's central plateau and vegetables trying to become. a lot of. things like that. killed dozens others injured and arrested lots lots of rising food prices. the song rest for they took one song beats him severely breaking both his legs my son cold war cool speak now my son is dying thank. you.
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thank you. thank you. thank you. global warming and biofuels have been accused of causing the food shortages that led to a dramatic increase in prices. unpredictable droughts have destroyed rice and wheat crops while a big part of the u.s. corn harvest is turned into fuel for cars and not for people. a classic theory 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 one hundred twenty five percent and of soya by one hundred seven
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percent there's sort of theoretical ways ascribing to say it's greed and there's graduates describing to say that's capitalism. certainly a food system which. has always been somewhat corrupt and is now at this point perhaps more crisis and more corrupt than it has ever been before here but 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 unfriended 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 it 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
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people have for 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 degree and we're seeing that taking place the high rise. is because food has been put on the global scene and this will eat that's not salvation that's famines we have to bring food out of the international trading system we have to bring food back into national and look good for itself and it is.
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a yes. but. let's get some. sense. of. 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 malnutrition and the indicators in india. yet there are more people starving in this country than anywhere else over two hundred million ants to complete the paradox they are mostly farmers
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. follows one growing up. because of them grain is being sold to the chemicals and seeds this negative as i call it is the reason for hunger a. little . bit of them and it. isn't a magic predator state has the highest levels of child malnutrition and therefore the country's highest infant death rates. the situation is critical as an african
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ethiopia. but the six percent of the children they had one that is to india and this is them being deported but the next one family has been in most people the sixty percent and you can convert them into you know multiple six minutes or. more thinking about that. so these children have more probably dying from normandy and fifty percent of the undefined more p.p.d. is using money. when the crisis has doubled b. one b. b. b. b. but he's already and he's also has the goods and he said that it would impact on the internal consumption by each family member. dr van den i go well it works for unicef. the organization has set up feeding
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centers in cities and villages in collaboration with the government. and. there are voluntary workers monitoring the children's weight and health thank you. thank. god i'm thankful particular year. and. they are in charge of feeding them since their families our troops who are to do so you. know this is. still. a mother city she looks in things you did morning she left it took will know she'll be back but i'm still a little. then he will need to complete it he just had out at work this is morning and it is the baby in
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there because what they feel for the boy nineteen months or be. it is if the quality of here has been inspired here and i just wish him because ultimately. she had made up a firearm circumstances in their joy that his hundred and. best indicates that this child is still in c.v. a d i feel like that each day and she needs. a good therapeutic value a medical treatment. eat and believe me you will leave me in the. leak you. know. i don't always cheer parties how can we get tries for five q.'s if we cost three
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four rupees now they cost fifty six to rupees how can people buy it. 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 they buy vegetables should they buy wheat we also need money for doctors i don't twenty money to go to the mill you do nothing with five kilos of wheat what can one buy but just one salary states. that poor people have a big problem well very worried you can see now they don't 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 spends money on the tourists out feed their children well very worried.
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that. if i back more limited a model i get sixty rubles about one euro a day. i spend forty eight to forty five rupees a day. about. buying 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 without overkilled five kilos of wheat or sixty rupees because 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
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a little bit but the children can be left without food on a little while and let the other head. just fifty other on it i mean a little bit because. i am. not. 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. 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.
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this is the biggest a provisional program in the world. we're made to the core group of men so we have all of the border go look for four million pounds of meat in various power and work on all classes sixteen million pounds of food goods which makes before copenhagen the biggest food greens trading company in the world. 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 going through food distribution system the b.d.s.
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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 piece of paper ration card because india's against god with that ration card you could walk to your corner shop and get the money on two pillows of. the world that dismantle that so that the corporations that that's why most people are hungry to the fifteen years ago that is why seventy percent of india's children are malnourished well india has appropriate numbers and. look. at the same time the world trade organization convinced india into cancelling limitations imposed on imports so important products flooded the market causing considerable damage to india's farming economy. you for the movie or we were going to do it we're losing ninety zone plus and believe in your kitchen in boarding only people sent
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would know we had been importing or the same person who said we didn't open 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 responsibly and used what won't be. so if the prices of the going to sleep in because we were doing all the missions going for a bit is going to be a places we're going to soon be very very happy with a ban on. the export of all the race for some time so that the prices stabilize. this provoked the wrath of the world trade organization which accuse a 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 as it is is always trying to grow and the world is
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smaller and trade is becoming freer i think that the process that india adopted was really quite illogical. mr lister nights gambles with food as he buys thousands of tons of rice and wheat in the future in other words he buys crops that don't yet 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 you're trading promises and you're trading back and forth and if you make a promise to buy at a certain price at
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a certain time you can tassel that by selling that same contract back into the market and that's what happens with most contracts they're never actually delivered upon their traded back and forth and they cancel each other out. to. download the official ante up location job on the phone the i pod touch from the
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queues out still. one child's life on the go. video on demand on season one rolled costs and already says feeds now in the palm of your. question on the call. emission free accreditation a free lunch for charges free. range men for free. free spirits live free. old free blogs just plug in video for your media projects and free media all gone to r.g.p. dot com.
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if. any it is believed to be. fifty. p.c. feel. complete.

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