Fri, Jan 30, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Agriculture, Trading more

EU moves to curb food price bets by traders

Posted on 16 January 2014

New rules would help decrease price volatility and inflation of staple foods and other commodities, says British MEP. The European Union has voted through rules to limit the ability of banks and hedge funds to bet on food prices.
Arlene McCarthy, a Labour MEP for the north-west, said the new rules, known as Mifid, would “curb speculation and help decrease price volatility and inflation” which had a “devastating impact on poor and food dependent countries”………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 39041 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
S M T W T F S
« Dec    
 123
45678910
11121314151617
18192021222324
25262728293031