Known for his obsession with culinary perfection, France has decided to make food a priority of the meeting of G20 finance ministers held in Paris on 18 and 19 February. Largest producer of cereals in Western Europe, this country wants to fight against soaring global food prices by improving market transparency.
Among the solutions presented, are the limiting positions [purchases or sales] taken by some traders on the futures markets, the regulation of trade conducted outside formal markets and publication of the profile of investors. "We must regulate this market, otherwise it is the law of the jungle, the fittest," said Nicolas Sarkozy last month.
Among the solutions presented, are the limiting positions [purchases or sales] taken by some traders on the futures markets, the regulation of trade conducted outside formal markets and publication of the profile of investors. "We must regulate this market, otherwise it is the law of the jungle, the fittest," said Nicolas Sarkozy last month.