Thursday, January 26, 2023

War and Capitalism to Blame for Food Crisis

 While placing the blame upon Russia for "...the worst food crisis, the worst humanitarian crisis since world war 2” Cindy McCain, the US ambassador to the UN agencies for food and agriculture, couldn't avoid pointing to another cause.

She urged speculators in the financial markets not to take advantage of the turmoil to drive up prices further.

Asked whether speculation could be having an impact, McCain said: “Probably so. I say that without a lot of exact information, but sometimes there are bad players.”

She declined to say whether such speculation should be penalised, but said she would speak out against it. “You can’t tolerate it – people are starving. Speculation does nobody any good during a crisis..."

Russia to blame for ‘worst food crisis since WW2’, says US envoy | Cindy McCain | The Guardian


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