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Article

21 Oct 2009

Author:
Matthew Russell Lee, Inner City Press [USA]

On Food Speculation, UN's Expert Says Nothing's Being Done, S. Korean Land Grabs from Madagascar to Sudan, Brazil on Ethanol

After many speeches at the UN about the need to crack down on financial speculation in food, nothing has been done, the UN's expert on the right to food [Olivier de Schutter] told Inner City Press on Wednesday... De Schutter spoke about the monopolization of the seed industry, and made a slew of recommendations for governments. The three top monopolizers -- Monsanto, Dupont and the Swiss-based Syngenta -- are all members of the UN Global Compact, and claim to comply with human rights. De Schutter pointed out the antitrust law is directed as national and not global or subnational markets. [also refers to Daewoo International]