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Foreign investors buy up Third World farmland

''Land grabbing' amounts to new form of colonialism'

(Der Spiegel) Foreign investors are buying or leasing vast amounts of farmland in Third World countries to profit from surging demand for food crops as a result of rapid population growth. “Land grabbing” amounts to a new form of colonialism that often runs counter to the interests of locals.

A number of developing nations have sold or leased much of their farmland to foreign investors. The list is led by Liberia, whose arable land is 100 percent under foreign ownership.

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