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The European Union has expressed its willingness to negotiate on global trade norms regarding the purchase, stockpiling, and distribution of food to ensure food security. This is seen as a breakthrough as India and 80 other countries have been calling for a deal on food security, arguing that current rules do not adequately address market failures such as food hoarding and market speculation. The EU has shown a willingness to negotiate the issue of public stockholding with India, which has proposed a permanent solution that considers inflation and recent reference prices. ....
The Cabinet today cleared the draft of "Production, Storage, Transfer, Transportation, Supply, Distribution and Marketing of Food Products (Prevention of Prejudicial Activity) Act, 2023" keeping the provision of maximum lifetime imprisonment in the proposed law ....
Supermarkets stay open late, and residents are compelled to queue up for mandatory testing. the fear is that this mass testing, now ordered across most of the districts of the chinese capital as the number of detected coronavirus cases creeps up, could be a prelude to beijing itself being plunged into one of the planet s most stringent lockdowns. the chinese national government has used strict municipal lockdowns like the one in shanghai, four weeks old and counting to pursue its dynamic zero covid policy. beijing residents have seen it coming. hence the food hoarding by its residents. news of the outbreak in beijing has prompted a steep stock market sell off. shares are now down around 6% since last friday s close. criticism of lockdowns is proscribed, but increasingly, protests are breaking through on social media. ....