tv [untitled] November 27, 2011 8:30am-9:00am EST
8:30 am
five thirty pm in moscow we're taking a look at today's top stories and a look back at the week's news where the scene of the most violent clashes in egypt since february revolution that stopped that toppled hosni mubarak protests continued for more than a week now with growing calls for military rulers to step down as head of monday election. russia get stern over the planned u.s. missile defense shield in eastern europe president medvedev saying moscow will deploy its own missile strike systems unless it's assured it will not be a target at the same time the russian leader stressed the importance of dialogue to
8:31 am
which he says moscow remains open. and vladimir putin the current prime minister of russia formally nominated to run for the presidency next year his candidacy was proposed at the united russia party convention sunday and given unanimous support by the delegates. while half the world fills its bins with wasted food the other half seems to go hungry up next we'll look at who may be controlling food production and pricing that starving out of the market stay with us. was was. the were i had to describe chicago's food market for theater play was i thought it would be easy to get the necessary
8:32 am
information by asking a few specialized stock brokers. was was was. but it wasn't like that was one 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 was simply in comprehensible situation unbearable to everyone save a bunch of profiteers. was the they were.
8:33 am
this is by answer this way this is cell cancer this way. this is a quarter of a sample of the five trying to your bidding a quarter of a cent this would be off half said. was. mr victor lespinasse as a player on the chicago grain market. the chicago grain market is different from other stock markets as we know them. here it is. food that is bought and sold wheat corn rice soya all of oil milk animal and trails and even pig stomachs and the five zero s. might be at the desk and you finishing order into the pit you tell your broker hope by. two hundred at the market. will buy the two hundred and then he'll flash you back. two hundred and say. seven and
8:34 am
a half. hour you could say you could tell him cancel the order for us was was you the chicago gray market is the biggest in the world and it sessions largely define the prices of the food we put on our table every day who 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. this practice hasn't changed much since then but the economy's ethics definitely have. us
8:35 am
8:36 am
8:37 am
8:38 am
global warming and biofuels have been accused of causing the food shortages that lead 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. the 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 wheat by one hundred thirty six percent of corn by one hundred twenty five percent and of soya by one hundred seven percent there are sort of theoretical ways ascribing to saying it's greed and there's practical ways ascribing to say this capitalism. is certainly a food system which is has always been somewhat corrupt and is now at this point
8:39 am
perhaps more in crisis and more corrupt than has ever been before 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.
8:40 am
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 products and india and china that's simply not true or superficially a negligible consideration. it is because of speculation because it's
8:41 am
a commodity that food is a commodity like like silver or gold that can be negotiated and hoarded to some degree and we're seeing that taking place the high rise of food is because food has been put on the scene and this will lead to mass massive starvation massive famines we have to bring food out of the international trading system we have to bring food back into national and local food sovereignity. while yet. but. that's ok so. that makes sense.
8:42 am
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 while growing on food. the goes to them grain is being sold to chemicals and seeds this negative as i call it is the reason for hunger in the
8:43 am
world today. and. it's future. says here's. the scenes. you can see things imagine pradesh state has the highest levels of child malnutrition and therefore the country's highest infant death rate. the situation is as critical. as an africa's ethiopia. but the six percent of the children they have money that is to india and this is them being deported but the next one family has something in mid to the sixty percent and you can convert them into no multiple
8:44 am
six minutes into. one thinking about that. so these children have more probability of dying from normandy and fifty percent of the under five more give the money. and the crisis has done but one p.p.b. to be but. it's also has to do and which is a direct impact on the internals for consumption by each family member. dr van den i go well it works for unicef. the organization has set up feeding centers in cities and villages in collaboration with the government. and you know not none of them however there are volunteer workers monitoring the children's weight and help you think you could. come
8:45 am
back on girl minkoff i know. you tell me. if. they are in charge of feeding them since their families are too poor to do so now i. know this is a difficult. one of these children. had mother said she looks and feel good the morning she left it up till now she'll be back that until the. so there we will need to complete it she just had to but this is morning and that is the baby in there because what they feel for. nineteen months or been if it's even quality or thirty years have been pinned on the spot here and has been
8:46 am
initially it is actually the high. school to. see had made up about on circumstances and their joy that is hundred to that indicates that this child is didn't see via the at your mother this day and she needs to show here they were perfect that you are in medical treatment. you. believe you are going to mean. not eat you you. know. i don't always cheer parties how can we get tries before five queues of wheat cost three four rupees now they cost fifty six to rupees how can people buy at. a bank what if there is only one person working in the family how he can only get so much if so what can the people do ask for
8:47 am
a loan should the 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 one buy with just one salary. just few. poor people have a big problem well very warrant 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. that yet. i bet monitor them all that i get sixty rubles about one euro
8:48 am
a day. i spend forty eight to forty five rupees a day was. in the market the prices are very high. a kilo of oil costs eighty rupees a month it is very hard for us to buy it if that will appeal the five kilos of wheat or sixty will be as. 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. but. we can eat less and have a bit of it but the children can be left without food on those with the head. it's just a few things mother on a coming a little but it is coming. out
8:49 am
that was. now when i was told that. was what was. 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. 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. that. this is the biggest a provision programme in the world. to the corporate government so we have already
8:50 am
bought a good look for a few million pounds of we can raise. and work on classes sixteen million pounds of food goods which makes. for. the biggest 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 there it was greatly reduced we had it in advance of 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 a gravity to affordable food get a piece of paper ration card because india's identity got with that russian pod you
8:51 am
could walk to your corner shop and get the one two kills of accord with. the world bank dismantle that so that the corporations would get the market that's why most people are hungry today than fifteen years ago that is why seventy percent of india's children are malnourished well india has a growth rate of nine percent look. at the same time the world trade organization convinced india into cancelling the limitations imposed on imports so important products flooded the market causing considerable damage to india's farming economy. before we were going to do a producing ninety seven percent of the bill even if you were in boarding only thirty percent would know importing forty seven percent he said to the end of the floor almost say. when food prices rocketed india like
8:52 am
other countries limited to its exports in order to feed its own people i will foster responsibly used won't be so if the place is within the going to sleep in but we were doing all the missions going for this community of places within the country so we've really think he put a ban on. the export of off the ice for some time so that the prices stabilize. this provoked the wrath of the world trade organization which accused the country of causing a lot of damage to the free market now i thought it was an utterly illogical decision was a very bad decision in a world where free trade is 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.
8:53 am
was. mr lespinasse gambles with food he buys thousands of tons of rice and wheat in the future in other words he buys crops that don't get exist and 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 saul 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 their traded back and forth and they cancel each other out.
8:54 am
i had to go shoot a ten year old boy that. we train them how to tell we as officers developed the orders for them to kill. we never explained to them why it's ok. most people at the point of looking down and time to pull the trigger became concious objectors. and i don't remember squeezing the trigger i don't remember seeing him go down when i remembers that we shot him. on the other side are soldiers too and soldiers do it so we do and they're trying to kill us we're trying to kill them and that's just the ugly face
8:55 am
a war just. nothing honorable and killing. i went to the war zone and i started seeing how i need to change. in the only way to do theirs and not become a rival and kill another person that's why i'm applying for concerts and none. of the out. there yet. whether it's life in the fast lane almost slow but to any way it shouldn't alongside multum not. natural science and technology update it the diversity of this land is unlimited
8:56 am
it college cultic circle azzi. magine assets that the temple watches show every single moment. and waiting for you to stumble. i saw a man with a video camera so i moved over and he followed me. you know we realized that we're following everyone from early in the morning. the only chance to get rid of him. is to reveal him. me devil operation on our cheek.
8:59 am
33 Views
Uploaded by TV Archive on