Tag: Food speculation

  • Motion to rein in food speculation rejected by Parliament vote

    A press release of Fabio De Masi

    The European Parliament has today rejected a motion by GUE/NGL and other groups to stop European Commission rules on position limits for commodity derivatives. Those rules – as part of the MiFID II / MiFIR implementation – attempt to reign in speculation with foodstuffs. The European Parliament had criticised the Commission proposals repeatedly as being too weak and not in line with the legal mandate by Parliament and Council ...