FOOD vs FUEL BALANCE
June 7, 2008 by ren
Filed under Corporate Finance
In the recently held World Food Crisis Summit in Rome, UN FAO Director General Jacques Diouf pointed out several factors that contribute to the food crisis: ” . . . the restrictive measures taken by producing countries to meet the needs of their populations, the impact of climate change and speculation on futures markets will place the world in a dangerous situation . . . whatever the extent of their financial reserves, some countries might not find food to buy.”
He called for “innovative and imaginative solutions”, including “partnership agreements … between countries that have financial resources, management capabilities and …read more
FOOD vs ARMS BALANCE 1
June 5, 2008 by ren
Filed under Corporate Finance
At the start of the three-day World Food Crisis Summit in Rome (3 June 2008), UN Food & Agriculture Organization Director General Jacques Diouf, noting that $ 1,200 billion were spent on arms in 2006, asked the delegates: ” . . . how can we explain to people of good sense and good faith that it was not possible to find US$30 billion a year to enable 862 million hungry people to enjoy the most fundamental of human rights: the right to food and thus the right to life?”
The 2008 Philippine National Budget is about $30.3 billion, 0.1% of …read more
SOLVING THE WORLD’S PROBLEMS 3: The Millennium Campaign Report Card
April 13, 2008 by ren
Filed under Corporate Finance
189 Countries in a 2000 United Nations Millennium Summit signed the Millennium Declaration setting forth 8 Millennium Development Goals.
Poverty & Hunger
Poverty rates are falling in Asia, while the poor in sub-Saharan Africa are getting poorer. With urban populations growing faster than housing and jobs, about 1 billion people live in slums where basic sanitation (e.g., drinking water & toilets) are inadequate. Millions more are hungry in Southern Asia and sub-Saharan Africa. Half the children under age 5 are malnourished.
Environmental Sustainability
Sustainable development as a national policy has been adopted by most countries, but positive effects on …read more
SOLVING THE WORLD’S PROBLEMS 2: The Millennium Campaign
April 12, 2008 by ren
Filed under Corporate Finance
Experts predict a food crisis in the near term. In developed economies, it is still just a more than usual increase in food prices. There are shortages in some countries. In others, there are food riots.
A ProForma Balance Sheet shows how the food crisis has developed:
In 2000 at the United Nations Millennium Summit, 189 nations signed a Millennium Declaration which sets forth 8 development goals to be achieved by 2015.
Source: http://www.undp.org/mdg/basics.shtml
Three of the Millennium Development Goals, with their focus on poverty, environmental sustainability, and global cooperative effort, address the food crisis directly. As the Millennium …read more





