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Not so the World Development Movement, nor Oxfam which has picked up on the same tale.
FORBES: Speculation Reduces Price Volatility, Not Increases It
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The World Development Movement (WDM) is keen to curb this betting on prices.
FORBES: China Tackles Inflation. Food Prices Rising. Good For Monsanto & Syngenta.
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NGOs, such as the World Development Movement, say this change of tone means the private sector is now on the defensive.
ECONOMIST: But it also needs to have a price
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The World Development Movement's Barry Coates points to the proposed MAI rules.
BBC: Investment puzzle for WTO
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The World Development Movement is one of those NGOs full of political activists intent on sorting out how the world is run.
FORBES: The World Development Movement Seems Very Confused Here
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Might there be someone out there with a few spare instruments so that we could get the World Development Movement doing something useful?
FORBES: Commodity Speculation Kills People: So Says the World Development Movement
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One of the major campaigners for this point of view, one of the groups urging this course of action, is the World Development Movement.
FORBES: Speculation Reduces Price Volatility, Not Increases It
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And yes, that is what the World Development Movement really does say, that speculators betting on agricultural food commodities, in futures, options and the like, produces rising food prices, greater volatility of food prices and that these things then kill poor people.
FORBES: Commodity Speculation Kills People: So Says the World Development Movement