OMI JPIC logo

Justice, Peace & Integrity of Creation

Missionary Oblates of Mary Immaculate  United States Province

OMI logo
News
Translate this page:

Recent News

News Feed

News Archives


Latest Video & Audio

More video & audio >

News Archives » speculation


Civil Society Groups Urge President Obama and Congress to Curb Food Speculation to Fight the Global Hunger Crisis March 27th, 2009

Letter to White House, Congressional Leaders Demands Swift Action

WASHINGTON, DC – Tuesday, a coalition of faith, hunger, international development, farm and food organizations including the Oblate JPIC Office, sent a letter to President Obama requesting decisive support for efforts to wring out excess speculation in agricultural futures markets that threatens the food security of hundreds of millions of people. The letter notes that “A significant part of last year’s food price fluctuations were the result of excessive speculation in the commodities markets by the very hedge funds and investment banks that helped create the current economic meltdown.”

Click here to read more »

Return to Top