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Deutsche Bank to keep dealing in agricultural-based financial products (Foto: Hedrowilson)

Deutsche Bank: Speculating with Food “in the interest of clients”

On Saturday, Deutsche Bank – Europe’s largest bank in terms of assets – announced it would continue trading in agricultural-based financial products, products which food campaigners blame for rising food prices. In a panel discussion at the Global Forum for Food and Agriculture in Berlin, Deutsche Bank Co-Chief Executive Jürgen Fitschen said an internal review […]

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NASA reveals decline in groundwater beneath India’s irrigated fields (Photo: NASA/GSFC)

Groundwater Depletion will affect Food Production, Scientists warn

In an article published in the journal ‘Nature Geoscience’ earlier this week, scientists have warned that the excessive extraction of groundwater for agricultural irrigation is one of the main reasons for the decline in groundwater levels. At a global level, groundwater depletion contributes to rising sea levels and a lack of water for food production.

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