Selling the Crafar farms to an overseas consortium cannot possibly be in New Zealand’s economic interests, says Green Party Co-leader.
- Green Party
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15 April 2011
While investment is critical for agriculture, the rush into long-term land leases is a dramatic step with many risks and substantial social and environmental costs
This study is conducted in order to shed light on and investigate the welfare situation for people affected by farmland investments. It deals with three cases in the Oromia region: Castel Winery, Elfora Agro-Industries PLC and Sher Ethiopia PLC
Agria has lifted its stake in PGG Wrightson to 50.5%, putting control of New Zealand's biggest rural services company in Chinese hands.
While Brazil touts its efforts to slow destruction of the Amazon, another biodiverse region of the country is being cleared for large-scale farming. But unlike the heralded rainforest it borders, the loss of the cerrado and its rich tropical savanna so far has failed to attract much notice.
"Only 12% of [the land investors have acquired in Africa in the last few years] is actually being farmed," Oxfam Senegal's Head of Economic Justice Lamine Ndiaye says. "The other 88% is just sitting there. It's just for speculation. You buy it, and three years later, you sell it at a higher price."
- The Atlantic
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14 April 2011
The world’s wealthiest Arab, Prince Alwaleed bin Talal of Saudi Arabia, has dismissed allegations that he had conceded land that he had bought to anyone
Project backed by the Libyan sovereign wealth fund wants to extend its land under cultivation to 5,000 ha so that it can undertake industrial scale production.
The richest man in the Middle East had a grand vision for turning a swath of land in southern Egypt into an agricultural marvel. Now that land has become part of a political struggle, in the wake of the overthrow of former President Hosni Mubarak.
Philippine communist rebels on Tuesday accused a Japanese subsidiary of grabbing lands from local farmers in Mindanao.
- Mindanao Examiner
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12 April 2011
Chinese group Chongqing Grain is due to launch an agri-industrial project expected to cost 4 billion reals (US$2.4 billion) in the state of Bahia, Brazil, the state’s secretary for Agriculture said.
Participants find that land grabbing is occurring at a scale and speed as never before, resulting in widespread displacement and dispossession of local communities.