tv [untitled] November 24, 2011 3:30pm-4:00pm EST
i'm a new story fresh clashes between security forces and protesters erupt in here square from where we bring you live pictures of the moment it's the focal point of egypt's revolutionary opposition the country's military sorry for the deaths of almost forty demonstrators killed in recent days and the worst clashes since. public anger shows no sign of easing despite that apology. arab foreign ministers are also in egypt or in syria that's on their agenda as they
threaten damascus with further sanctions and france proposes what it calls a humanitarian intervention. it's not going to stop the reset of ties with the u.s. but will halt nuclear disarmament and the point on its borders if washington establishes its missile shield in europe us as a review its defense program. on r.t. our special report about how the world is producing more food than ever before but still struggles to feed the planet's poorest not least because of the role of big business part one of dying in abundance is next with more news for you and half an hour from now. was plain. were i have to describe chicago's food market for theater play
was i thought it would be easy to get the advance serry information by asking a few special i still coopers. was was was. playing. but it wasn't like that were none of the people i asked were able to explain the norms that rule the stock market. was. was. i began to believe it was something that couldn't be explained or can seems by the human mind therefore it was something absurd the way in which the global grain production was being allocated was simply in comprehensible the situation unbearable to everyone save a bunch of profiteers. was
us. this is buying cancer this way this is cell cancer this way. this is a creature of the sounds of the trying to you're bidding a quarter of a cent as will be off the halves. was. mr victor lespinasse as a player on the sick how the grain rockets. 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 fields and even pigs stomachs. might be at the desk when you finish an order into the pit you tell your broker
hook up by. two hundred at the market. will buy the two hundred and then he'll flashing back know what two hundred and say. seven and a half. hour you could say you could tell him cancel the order. thanks guys i'm thanking god thank you who the chicago market is the biggest in the world and it's sessions. he put on the table every day of the the thanks it was created. as an open and loud. areas farmers' crops to merchants.
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 well 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 wheat by one hundred thirty six percent of corn by one 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 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 perhaps more in crisis the more corrupt it has ever been before in human history. in wealthy countries and 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 and 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 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 has 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's still enough food to properly feed all the inhabitants of this planet or people have for argue that it's because of increased demand for for meat and dairy
products and that's simply not true is superficially a negligible consideration. it is because it's speculation because it's a commodity that 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 rises. is because food has been put on the global scene and this is believed that's not stopping famines we have to bring food out of the international trading system we have to bring food back into national and local food stuff and if you. well you know what. let's say.
let's get some. sense. 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.
falling as well growing up. because grain is being sold to be that the debts look at the seeds this negative i call it is the reason for hung in the world today. all. of them are. suspicious of him. because. he's a mad cow pradesh state has the highest levels of child malnutrition and therefore the country's highest infant death rates. the situation is critical as an africa's ethiopia. but the six percent of the children they have none that is to india
and this is the big new bordered by the national family and something in my given the sixty percent and you can convert them into no multiple six minutes into the are one hundred people. so these children have more probability of dying from normandy and fifty percent of the under a more p.p.d. is the month. when the crisis has doubled the one p.p.b. it's there but these are early and this also has to do and we decided that it could impact on the troubles on simpson by each family member. dr van den i go well works for unicef. the organization has set up feeding centers in cities and villages in collaboration with the government. and.
there are voluntary workers monitoring the children's weight and health i think you get. what. i think often. they are in charge of feeding them since their families are true courage to do so you. know this is a. lot of these children. a mother city she votes in feel good morning she lifted it up will she be better senator. well there we will need to complete it she just had to purposes morning and it is a bit in that it could be appealed for. nineteen months or be. a
season well if your thirty years have been inspired here and his mission because actually. he had made up i'm circumstances in there john but his hundred and. that indicates that this so you still see via the if you like that he. and he needs you they were corrupt that you but he can sleep with. you and you believe him you will leave the. eat you. i don't party is how can we get tries before five queues of which cost three four rupees now they cost
a few to 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 to 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 a man buy with just one salary states. that poor people have a big problem well 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 the situation is dramatic. what can the poor do spend money on doctors feed their children well very worried.
that. if i develop mom as a mother that i get sixty rubles about one euro a day. i spend forty to forty five rupees a day. about. buying in the market the prices are very high. a kilo of oil cost eighty rupees it is very hard for us to buy it if i took a few five kilos of wheat or sixty will be this. prices have gone up a lot since last year. if there is one person working in we eat twice a day there is nothing left. for lame olive garden we can eat less and have ability but the children can be left without food on a little while of the layout ahead. few things
other than they can make a little bit of. i am. now cult. 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 google knowitall 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. this is
the biggest eight provision programme in the world. to me in the course of treatment so we have already bought her good looks of two million pounds of you can race. and work on all classes sixteen million pounds of food goods reach meets the full cooperation from 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 there it was greatly reduced weakening the numbers of food distribution system p.d.s. the world bank forced us to dismantle it as long as the system was in place the
farmers had a guarantee. everyone could agree to affordable food piece of paper ration card it was india's identity up with that ration card you could walk to your corner shop and get one or two bills for. the world and dismantle that so that the corporations that that's why most people are hundred to leave them fifteen years ago that is right seventy percent of india's children are malnourished well india has a book like this and. 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 have produced the ninety's on percent of the problem conditions in boarding only thirty percent but now we are importing forty seven percent he said example of
a little more say. when food prices rocketed india like other countries limited to its exports in order to feed its own people our first responsibly boost won't be. so if the places of the country going to war we will be one of the measures going for that this can be a place as big in the country so we really believe put a ban on. the export of off base for some time so that the place is a good step in. 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 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. mr lespinasse gambles with food by styles of tonnes 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 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 your trading promises and your trade him back and forth and if you make a promise to buy it a certain price of 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 are traded back and forth and they cancel each other out. well into the future. or in more mouths to feed but where will the food come from and can science provide the answers to the future of food under the microscope. we've got the future coverage.
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