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Rich nations should help in curbing commodity speculation: G-24

Posted on 12 October 2012

Developing nations including India asked advanced economies to adopt policies to check volatility and speculation in commodity prices which is threatening food securities of the vulnerable countries. The Group of 24 developing countries raised this concern at a meeting chaired by Indian Finance Minister P Chidambaram on the sidelines of IMF-World Bank meet here.
“Food and fuel prices remain highly volatile with spikes in grain prices threatening food security in poor and vulnerable countries………………………………………..Full Article: Source

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