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Speculating on Food - A Cause for Starvation Outbreaks?

October 29, 2013

There are countless financial products that take bets on agricultural produce. Banks and insurance companies got involved years ago - and have made sizeable profits. Change seems to be on the horizon, however.

https://p.dw.com/p/1A8p8

A range of German financial institutions have withdrawn from the controversial practice of betting on foodstuff prices. The BayernLB bank has now ceased all speculation on that market. Report by Carmen Meyer and Dagmar Zindel.