| Warning on resource nationalism |
| By Robin Harding in Washington Resource nationalism is making commodity prices more volatile and threatens global security, warns Chatham House, the think tank, in a report. Based on new data concerning commodity trade flows, the report highlights how international politics have come to dominate resource markets. It says “every country for itself” resource grabs mean that markets do not respond properly to higher prices, threatening trade wars, environmental degradation and famine in poorer countries unless the world finds new ways to govern resources. http://link.ft.com/r/9ULF66/ |
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