4 posts tagged with water by the man of twists and turns.
Displaying 1 through 4 of 4.
“We’ve seen the price of food become more expensive than ever three times in five years. Normally we’d see three price spikes in a century,” said Kaufman. “And part of the reason is this new kind of commodity speculation in food markets.” In an article published Oct. 24 in Nature[subscription required], Kaufman describes what he calls “Wall Street’s thirst for water” — the push to turn water into a commodity like food, with the same instruments that produced the mortgage-backed security collapse and 2008 financial crisis.Public or Private: The Fight Over the Future of Water [more inside]
Even in the grips of the Great Recession, one industry's profits are bubbling up, pouring forth, and experiencing growth in market share, dollars spent, and profit: craft beer! [more inside]