6 min listen
67. Prices and profits: Is commodity speculation making the global food crisis worse?
67. Prices and profits: Is commodity speculation making the global food crisis worse?
ratings:
Length:
16 minutes
Released:
Oct 12, 2023
Format:
Podcast episode
Description
This episode of The Weekly Tradecast looks at the influence big trading companies have on food supplies and prices with Anastasia Nesvetailova, head of UNCTAD’s macroeconomic and development policies branch.
Food costs have soared due to the pandemic, the war in Ukraine and extreme weather – pushing vulnerable countries and people to the brink. But as many households and businesses struggle, the largest food trading companies are making big profits.
New research in UNCTAD’s Trade and Development Report 2023 highlights how fragmented rules for the food trading industry have played a key role in enabling speculation and profiteering.
Tune in to Anastasia Nesvetailova, the author of the research, to find out why volatility threatens our food security and how we could make commodities trading more transparent.
Food costs have soared due to the pandemic, the war in Ukraine and extreme weather – pushing vulnerable countries and people to the brink. But as many households and businesses struggle, the largest food trading companies are making big profits.
New research in UNCTAD’s Trade and Development Report 2023 highlights how fragmented rules for the food trading industry have played a key role in enabling speculation and profiteering.
Tune in to Anastasia Nesvetailova, the author of the research, to find out why volatility threatens our food security and how we could make commodities trading more transparent.
Released:
Oct 12, 2023
Format:
Podcast episode
Titles in the series (93)
7. War and price: The cost of rising inflation: In the seventh episode of The Weekly Tradecast we’re talking about inflation with Jeronim Capaldo, an economist in UNCTAD’s globalization and development strategies division. Every day in the news, we’re hearing about a global slowdown and how the war in... by The Weekly Tradecast by UNCTAD