01.10.2010 - EU targets commodity speculation
From Praguepost.com: Recent volatility in wheat prices and a push for tighter EU market reform have put a spotlight on speculative commodity trading, a practice EU Internal Market Commissioner Michel Barnier called "scandalous" in January. Agricultural commodities have been traded on markets for centuries, but in the past two decades, bankers and financial institutions have created instruments that push the trading into futures and hoard contracts on grains and other commodities such as coffee, sugar and pork..............................................Full Article: Source
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