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Keyword: globalpricefixing

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  • G-20 announces measures to stabilize food prices

    06/23/2011 12:00:21 PM PDT · by EBH · 37 replies
    yahoo/ap ^ | 6/23/11 | PAUL SCHEMM
    World Bank President Robert Zoellick appeared at the ministers' side during the news conference to express his support for the new measures and the seriousness of price swings. "We are not going to be able to stop food prices from going up and down, but we can smooth out the swings and we can protect the poor whether they are small farmers or consumers," he said. One of the key aspects of the new accord is the Agricultural Market Information System that would stave off panic food speculation by making instantly available to all countries the state of world food...