Countries could reduce the dangerous dependence on fluctuating world market prices by building up buffer stocks. Public food stocks such as those in Brazil stabilise prices and markets. Initiatives are fighting for food sovereignty worldwide. 

Food prices have been fluctuating wildly for twenty years. Speculation on financial markets and rising energy costs continue to drive prices up. In 2022, almost 800 million people worldwide were affected by chronic hunger.

Bread connects people and cultures worldwide. Around the world, bread has played a pivotal role in shaping history, culture, society and religion. A glance at history highlights just how often riots and uprisings have been ignited by rising bread prices.

If the international community is to have a chance of addressing twenty-first-century challenges effectively and equitably, the global economic and financial architecture that was created eight decades ago must be radically reformed. Eight priorities stand out.

On June 23, Chancellor Scholz received Argentinian President Javier Milei. Not only do Milei’s reform plans accept the dismantling of democracy and the rule of law, they will also deindustrialise Argentina. This does not correspond to Germany's interests.