Jo-Shing Yang reports on how Wall Street banks like Citigroup and multibillionaires are buying up water sources all over the world at unprecedented pace. Simultaneously, governments are moving fast to limit citizens’ ability to become water self-sufficient. Also read an investigative report from The Guardian: Liquid assets: how the business of bottled water went mad
From Great Game India: At least two of the Big Four global corporate consultancies are reported to be directly involved in the big-ticket Kashmir Development Plan – Ernst & Young and PricewaterhouseCoopers. A pilot project was initiated in 2017 for the creation of a ‘Model Village’ in Kathua, Kashmir, based on a blueprint by PricewaterhouseCoopers
In 2018 April, a 81-year-old Peruvian indigenous healer was murdered by a Canadian man while attempting to extract her knowledge of traditional healing practices. He was in turn lynched by the local people. The sordid incident has since brought together traditional healers in the Peruvian Amazon to resist the growing threat of Western ‘spiritual extractivism’.
Bayer’s $66 billion takeover of Monsanto represents another big click on the ratchet of corporate power over farming and food. With the ‘Big-Six’ of global agribusiness now set to turn into the ‘even bigger three’, farmers and consumers face more GMOs and pesticides, less choice, and deeper price gouging. Agroecology has never looked more attractive.
Displacing pastoralists, displacing smallholder farmers, arresting and charging them as terrorists if they protest–and the land is given away to foreign investors to grow what? Sugar and cotton. Imagine trucks full of food aid coming into Ethiopia, while trucks full of cotton and sugar are leaving the country. Hunger in Africa is a political problem.
Industrial farming, which gets all the attention (and most of the land), accounts for more than 80% of fossil fuel emissions and uses over 70% of the water supply in agriculture, actually produces only about 30% of the world’s food. It’s the diverse network of small-scale producers-the ‘Peasant Food Web’-that feeds 70% of the world.
From The Guardian: Chemicals and agribusiness giant Bayer has approached the European Union to approve its $65bn takeover of Monsanto, eliminating direct competition between two of the biggest players in the industry. If approved, the merger would be an extremely risky consolidation of corporate power, and a serious threat to food supplies and farmers worldwide.
From The Wire: The Competition Commission of India (CCI) is currently assessing the likely adverse effects on competition of the proposed merger of Dow Chemical and DuPont. If it goes through, the merger will create the world’s biggest chemical and materials company. But there are a dozen reasons and more why it must be stopped.
GRAIN.org reports: The world’s largest transnational food companies are rolling out a programme promising “market-based” solutions in agriculture. Vietnam’s highlands are the showcase for ‘GROW’, a global initiative under the World Economic Forum. A closer look reveals the programme’s real objective: to expand production of a handful of high-value commodities to profit a few corporations.