| From AFP: Brazil said Tuesday it opposed a French plan to impose regulation on commodity prices, saying it could have "negative effects" on major suppliers such as itself. "Brazil is totally opposed to a mechanism of control or regulation of commodity prices," Finance Minister Guido Mantega told reporters, reiterating a position he gave last week.
France has said it plans to use its chair of the G20 group of big developed and developing nations to push for commodity price regulation in a bid to block what it saw a speculation in the market of food crops such as grain and cereals..............................................Full Article: Source
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