it's been tied to the. market why not. find out what's really happening to the global economy in the report on our. welcome back you're watching r t here is a look at the top stories to find egyptians remain intact rear square for the sixth day to the man and immediate transfer of power as they reject a pledge by military rulers to speed up presidential elections at least thirty six people have died so far and fears of clashes between protesters and security forces across the country. the u.n. general sam was human rights committee can dam syria for its violent crackdown on anti-government protests but the mass of us calls it a u.s. led thought to topple its government russia abstained from voting on that

resolution saying dialogue is the only solution to the crisis. and five years after the death of former half of the officer examining from blowing poisoning in the u.k. the case remains unsolved and a thorn in the side of russian british relations london wants main suspect to be extradited but russia has refused saying it's against the constitution to hand over citizens to foreign governments. those with top stories next in our tea our special report about how the world is producing more food than ever before are still struggles to feed the planet's force. 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 specialized 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 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. was

us. this is by answer this way is the selling answer this way. this is a sample of the back trying to your bidding a quarter of a cent this will be off. was . mr victor lespinasse as a player on the chicago brainwashes. the chicago grain 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 milk animal and fields and even pigs stomachs. was us. might be at the desk and you fiction order into the pit. tell you what. two hundred at the market. will buy the two

hundred. two hundred and say. seven and a half. an hour you could say you could tell him cancel the order. was through was through the chicago gray 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 i was it was created in eight hundred forty eight as an open and loud option areas farmers would sell their crops to merchants. as practice hasn't changed

much since then but the economy's ethics definitely house. with. everything has. this is to sound. like. this is. what i call a silent tsunami. hitting in one place this is something that knows no borders.

on the road to receive a meeting of the heads of u.n. agencies time to look crises summit as the world cup's the cost of. how. many cases have come to be like traditional. hunger pains me. to come from central plateau and trying.

to light. the. dozens of missing children resting spots finalizing the crisis. rest they took my son beats him severely breaking his leg my son called war calls speaking of my son is dying.

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. that classic fairy 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 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 graduates describing to say this capitalism. is certainly

a food system which. has always been somewhat corrupt. is now at this point perhaps more prices and more corrupt than ever been before and have a 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 come out of for 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.

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's 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 are 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 china that's simply not true is superficially

a negligible consideration. it is because of speculation because it's a commodity that several 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 rises. is because food has been put on the global scene of this will lead to that's not stuff that's of 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 if you. are yet. but.

let's. say. that. 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 pounds to complete the paradox they are mostly farmers. falling as well growing up. because grain is being sold to the

seeds this negative i call it is the reason behind the world today. and it. is a picture of the people. mad he has the highest levels of child malnutrition and therefore the country's highest infant death rate. the situation is critical as an africa's ethiopia. but the six per cent of the children get money that is to india and this is them

being rewarded by the national family had something in my keeping the sixty percent and you can convert them into no multiple six minutes you know. or take the money. so these children have more probability of dying from normandy and fifty percent of the undefined markedly beauty is in the money. when the price is done but the one p.p.b. to the input sees only it is also has the goods and we decide that it impacts on the internals for consumption by each family member. dr van den i go well works for unicef. the organization has set up feeding centers in the cities and villages in collaboration with the government. i don't know how

many. there are volunteer workers monitoring the children's weight and health thank you. but thank. god i'm single. 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 it was still. a mother city she votes in feel good morning she left a note it took will actually be better to sell it. so there we will need to complete it she just had after purposes of mourning and it is the baby in there because what you feel for the board maybe once or been.

it's easy quality oh dear it's a bit inspire fear and highest elevation because i actually. see her made up but i'm circumstances in their joy but his hundred and. that indicates that this is so used to see beauty if you like at least if she needs you they've. got you and medical treatment. you believe you will leave the. leak you. know. i don't think we should part is how can we get tries for five kids if we cost three four rupees now they cost fifty sixty 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 be my vegetables should they buy wheat we also need money for doctors i don't need money to go to the mill you do nothing with five kilos of wheat what can one buy with just one salary states. very poor people have a big problem real 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 doctors out feed their children well very worried.

that. if i buy them on another market i get sixty rubles about one euro a day. i spend forty 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 but on the field five kilos of wheat or sixty rupees. prices have gone up a lot since last year but. if there is one person working and 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 a little bit longer leveling out ahead. it's just she's.

just another one up on a coming a little bit of. out loud. sounds. 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. to the little kid 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.

this is the biggest a provision programme in the world. we're made to the core of the program so we have all of the border go of two million tonnes of even greater power and work on all classes sixteen million tons of food goods which makes. the foreclosures have been the biggest food grains 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 there was greatly reduced we heading into the same food distribution system but b.d.s. the world bank forced us to dismantle as long as the system was in place the farmers have a guarantee. everyone for the good of all of the food the piece of paper ash in

part because india's against god with that ration card you could walk to your corner shop and get the one on two wheels of. the world bank dismantled and so the corporations look at the market that's why most people one hundred to be the fifteen years and all that is right seventy percent of india's children are malnourished well again as appropriate just. look. at the same time the world trade organization convinced india into cancelling the limitations imposed on imports. so imported products flooded the market causing considerable damage to india's farming economy. you for the movie we were going to be would produce the ninety's on percent of the believe in your in boarding only people sent would know we are importing forty seven percent he said he didn't open

the floor but almost say. when food prices rocketed india like other countries limited to its exports in order to feed its own people i will trust responsibly before i won't be. put into place and the going to sleep in but what we will do all the mission has been for this to be in a place is given to them so we really have it be put a ban on. the export of off the base for some time so that the prices get. this provoke 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

really. quite illogical. was the history lesson and it's gambles with first. thousands of tons of rice and wheat in the future in other words a prize crops that don't get 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 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. to move.

on. a very warm welcome to you this is your news today protesters on a wholesome street they have. ladies and gents a good chance to chew seems pretty good with respect to the status of the human experiments sitting with the weakest you'll probably see this rap music was exposed facility twice since the local economy and it's all changed things are fine it's a template for the research company to maintain a competent in markets and taking on concerts. leasing trade imbalances recession look cheap emissions close to collapsing a subprime loan foreclosed homes people such as butler to bail circle a fifty game field level i think is us crash imminent must feeling seems to me as if i called a few classes in athens three for the i.m.f.

import strikes me i'm just programs increase the total economy. would be soo much brighter if you move out soon from the us to the british and some of. these foodstuffs on t.v. don't come.

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