Courtesy of The Guardian, an interesting look at how resource-hungry China has so far passed over investing in high-priced farmlands of South America in favor of Africa, with its less developed commodities markets, greater need for financing and open labor laws. As the article notes: “…China is spending hundreds of billions of dollars on efforts […]
Read more »Via AlterNet, an interesting commentary on the trend – over the past six months — of big players in the global economy have grabbed 50 million acres of arable land, from Africa to Southeast Asia. As the article notes: “…Investment banks, sovereign wealth funds and other barely regulated financial entities in search of fat paydays […]
Read more »Via The Independent, a report on the “new breed of colonialism” rampaging across the world, with rich nations buying up the natural resources of developing countries that can ill afford to sell. As the article notes: “…Thousand of protesters took to the streets, waving the orange flags of the opposition. Before long, looting began. Buildings […]
Read more »Via The BBC, a report that farmland in sub-Saharan Africa is a hot bet among investors. As the article notes: “…Population increase, changes in eating habits and demand for bio-fuels are putting farmland at a premium worldwide. “And African farmland prices are the lowest in the world,” Susan Payne, chief executive Emergent Asset Management says. […]
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