Global Land Grabs...

[snake]

This is all so depressing...


..."The data set also paints a clear picture of who the land grabbers are. While most of the 298 land grabbers documented are from the agribusiness sector, financial companies and sovereign wealth funds are responsible for about a third of the deals. And on many occasions there is overlap. For instance, the data set shows how Cargill, one of the world's largest agribusiness companies, has been acquiring hundreds of thousands of hectares of farmland through its hedge fund Black River Asset Management.

European and Asian based investors account for about two thirds of the land grabs within the data set. China and India are major sources of land grabbers, as are the UK and Germany. But the UK, much like Singapore and Mauritius, serves as a tax haven for land grabbers, and often the true operating bases of the companies reside elsewhere. Other major centres of land grabbers are the US, which tops the list at 41 cases, and the UAE and Saudi Arabia with 39 combined.

Most of the data was collected from the website farmlandgrab.org. Complete references can be made available upon request."...

http://www.grain.org/article/entries...bal-land-grabs

[older than dirt]

More than a few countries have laws against none citizens owning farm land or undeveloped land . In most of these countries a none citizen can own houses factories & other devloped property but not undeveloped land.
These laws make a lot of sense to me & think the USA should make something along these lines the law of the land in the USA. We are rapidly becoming a third world county & these laws need to be in place NOW not later .

[RozieDozie]

Originally Posted by older than dirt

More than a few countries have laws against none citizens owning farm land or undeveloped land . In most of these countries a none citizen can own houses factories & other devloped property but not undeveloped land.
These laws make a lot of sense to me & think the USA should make something along these lines the law of the land in the USA. We are rapidly becoming a third world county & these laws need to be in place NOW not later .

That kind of law here wouldn't do any good. The US corporations have many 'foreign' investors. It's a world economy now. If a US corporation buys up US farmland (and they have, acres, and acres), it answers to it's investors, no matter who they are.