Monday, February 21, 2011
France puts rising food prices at top of G-20 Agenda
President Nicolas Sarkozy made food a priority at a meeting of Group of 20 industrialized and developing nations last week. As Western Europe's largest grain producer, France addressed rising world food prices by proposing to improve transparency in commodities markets. Some agricultural nations such as the U.S., Canada and Brazil oppose greater regulation, saying that it would make markets a less-effective reflection of supply and demand.
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