17.09.2012 - German banks lose taste for food commodities trading
German banks seem to be losing their appetite for agricultural commodities trading as public opinion turns against the investment vehicles blamed for driving up global food prices. Catastrophic droughts this summer in the United States and Russia have led to an explosion in global cereal prices, fanning the flames of debate on whether it is ethical for investment banks to make billions of dollars in profits from speculation in food commodities while millions of people are condemned to live -- and die -- in hunger and poverty...............................................Full Article: Source
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