The greed of financial speculators provoked food riots in the past when the basics people need to survive, things like rice, wheat, sugar - became unaffordable. When speculators bet on food, prices are distorted. It is often the poorest who can go hungry and suffer the most.
The European Commission proposed to allow countries to weaken the existing modest rules on food speculation even further. That’s why we have to convince the European Parliament to step up and end food speculation. Thousands of Europeans supported our campaign, yet the European Parliament failed to grab the chance. We will continue to seek a more justice and peaceful Europe. Have a look on our other campaigns.