Pope denounces commodities speculation
Pope Benedict XVI leaves after celebrating a Mass in St. Peter's Basilica. The pope denounced speculation in commodities markets July 1 and demanded a global response to high food prices. (June 29, 2011) Credit: AP
Pope Benedict XVI has denounced speculation in commodities markets and has demanded a global response to high food prices based on solidarity, not profit.
In a speech Friday to delegates of the U.N. Food and Agriculture Organization, Benedict said access to food is a basic human right that must be guaranteed.
He said it’s urgent to develop economic models that aren’t just based on profit but take into account the “human dimension.”
Members of the FAO earlier this week elected a new director-general, Jose Graziano da Silva of Brazil. He takes over the FAO at a time when its mission to eradicate hunger has been complicated by near-record high food prices.
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Filings: 7-year-old was left home alone for a day 6 months before she died ... LI employers stole nearly $4M from their workers ... Flock reps meeting with Suffolk lawmakers ... Wet weather on the way
