The headlines have been full of the sugar row unfolding across Kenya. Why is Kenya importing sugar from Uganda? Should the sugar industry be protected? What about the livelihood of sugar farmers? Sadly this issue has been politicised and muddied what the focus of the conversation ought to be. So let’s deal with a few … Continue reading
Once upon a time, it was popular to say that the U.S. government only had enough wheat stored up to provide everyone in America with half a loaf of bread. But that is not true anymore. By Michael Snyder Recently, I discovered that the U.S. does not have any strategic grain reserves left at all. Zero. … Continue reading
The World Bank is nudging up its 2015 forecast for crude oil prices from $53 in April to $57 per barrel after oil prices rose 17 percent in the Apr-Jun quarter, according to the Bank’s latest Commodity Markets Outlook, a quarterly update on the state of the international commodity markets. The Bank reports that energy … Continue reading
By Jim Goodman As global agribusiness interests look to expand their profits with the financial backing of the World Bank, the International Monetary Fund, United States Agency for International Development (USAID), various “charitable” foundations and the political backing of the more “developed” countries of the world (the G-8), Africa is the obvious target to be saved … Continue reading
This year may well see a rare occurrence for world commodity markets – a decline in all nine key commodity price indices, says the World Bank’s latest Commodity Markets Outlook, released today. While oil prices have seen the most dramatic decline, the third largest since World War II, other commodities have also been gradually weakening … Continue reading
While the world’s most popular energy sources – oil and gas – have seen prices sliding in 2014, another commodity – coffee – has leapt in price. Bad news for coffee fans and drinkers, but music to investors’ ears – droughts in “coffee” countries have sent the price of now precious beans soaring. The coffee … Continue reading
By Jan Cienski in Warsaw BNE The fallout from the conflict in Ukraine, and Russia’s growing isolation, is having a mixed impact on Poland – the EU’s leading frontline state. On the positive side of the ledger, Poland is starting to see an uptick in investor interest as business shies away from the growing risks to … Continue reading
The 2014 outbreak in West Africa is definitely the largest and most complex Ebola outbreak since the discovery of the virus in 1976. There have been more cases and deaths in this outbreak than all others combined. Ebola, also known as Ebola hemorrhagic fever or Ebola viral disease, is a rare and deadly illness caused by … Continue reading