World Powers Eye Emergency Food Meeting; Action Doubted !
- The Illuminists are attacking humanity. They are creating inclement weather, droughts, floods, earthquakes … using their HAARP tectonic weapons. With their global monetary hegemony they are about to drive the prices of commodities sky-high to cause famine, starvation, deaths … all for their genocidal depopulation agenda. Next in line: virulent Bird Flu.
- The western Illuminati is fomenting social collapse, violence, destruction of national sovereignties, economic and financial collapse, wars, diseases, disasters … chaos … all in preparation for the coming of their fake messiah, the Anti-Christ, the bringer of false peace, the white horseman of Revelation 6!
World powers eye emergency food meeting; action doubted !
by Gus Trompiz and Nigel Hunt, http://www.reuters.com/home
(Reuters) – Leading members of the Group of 20 nations are prepared to trigger an emergency meeting to address soaring grain prices caused by the worst U.S. drought in more than half a century and poor crops from the Black Sea bread basket.
France, the United States and G20 president Mexico will hold a conference call at the end of August to consider whether an emergency international meeting is required, aiming to avoid a repetition of the food price spike that triggered riots in poorer countries in 2008.
Yet even as the third grain surge in four years stirs new fears about food supply and inflation, many say the world’s powers are no better prepared to rein in runaway prices. Apart from a global grain database, which has yet to be launched, and the Rapid Response Forum that authorities are considering convening for the first time, the G20 has few tools.
Instead, it must intervene through influence, perhaps urging the United States to relax its ethanol policy in response to the crisis – difficult only months before a presidential election that may be won or lost in Midwest farm states – or urging Russia not to impose an export ban, as it did two years ago.
“Beyond words, expect little from the G20 on rising food prices,” said Simon Evenett, a former World Bank official who is now professor of international trade and economic development, University of St. Gallen, Switzerland. He described the G20′s record on trade as “feeble.”
“With a string of broken promises on protectionism, no serious enforcement, monitoring well after the horse has bolted, and a tendency to pull their punches, any G20 promises on food trade won’t be taken seriously – by the G20 themselves or by anyone else.” The group is hindered by the widely differing views of its diverse members, split between big consumers and producers.
A senior Brazilian government official said that only a major food crisis would raise pressure on the G20 to call for intervention in physical commodity markets, something countries such as the United States and Canada typically oppose.
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