Ali Ettefagh at PostGlobal

Ali Ettefagh

Tehran, Iran

Dr. Ali Ettefagh serves as a director of Highmore Global Corporation, an investment company in emerging markets of Eastern Europe, CIS, and the Middle East. He is the co-author of several books on trade conflict, resolution of international trade disputes, conflicts in letters of credit, trade-related banking transactions, sovereign debt, arbitration and dispute resolutions and publications specific to the oil and gas, communication, aviation and finance sectors. Dr. Ettefagh is a member of the executive committee and the board of directors of The Development Foundation, an advisor to the United Nations High Commission for Refugees, and an advisor to a number of European companies. Dr. Ettefagh speaks Persian (Farsi), English, German, French, Spanish, Italian, Arabic and Turkish. Close.

Ali Ettefagh

Tehran, Iran

Dr. Ali Ettefagh serves as a director of Highmore Global Corporation, an investment company in emerging markets of Eastern Europe, CIS, and the Middle East. more »

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Dependence on Food Imports Doesn't Help

Civil commotion over food prices is essentially about low incomes and reduced purchasing power -- and not just in developing countries. But it helps not to be dependent on food imports.

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All Comments (1)

Worker:

Yes, the focus must be on purchasing power and wages. Prices cannot be pushed down.

The fuel-from-food scheme is a fraud. The cycle of converting ethanol from corn is a net loser, not producer of energy. A study of the University of Nebraska (right in the middle of corn country) shows that about 129% energy is consumed to derive 100% of energy derived from, say, a gallon of gasoline.

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