OPEC set to curb oil supply? | DW News Too much milk in Europe | DW Documentary 1 year ago   04:10

DW News
OPEC is weighing making a cut in global oil output - which would depend on cooperation from non-OPEC producers like Russia - according to OPEC delegates who are in Vienna for the oil producer cartel's latest biannual meeting. US President Donald Trump has urged Saudi Arabia, OPEC's de-facto leader, to refrain from output cuts in order to keep oil prices low. But OPEC says that's not in its interests.
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Comments 34 Comments

James Parker
you want to buy crude oil l? then the right place for you to do that is belovneft,com we also sell other petrochemical eg jet fuel
Oman hamad
The US Congress will keep stirring khashoggi murder until Saudi Arabia reduces the price of oil.
Frank L
France and the UK should invade these countries and make them protectorates
You can only imagine how much this has screwed the Russian and Saudi economies

It destroyed the aramco ipo
A true leader would just go conquer Saudia Arabia and take the oil. Or push alternative technologies
I hope they realize. Rising gas prices just motivates people to buy electric cars. Thanks OPEC tic toc tic toc
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Too much milk in Europe | DW Documentary OPEC set to curb oil supply? | DW News 1 year ago   28:34

Europe produces too much milk. The surplus milk is processed by the ton into powdered milk for export to Africa. The results can be disastrous.

African milk farmers simply cannot compete with European price dumping. Our agricultural exports torpedo all development efforts.

European dairy products sell for next to nothing – it’s just one of the consequences of the crisis that has been raging since the abolition of milk quotas in 2015. Never before was milk so cheap in our supermarkets: European farmers have reacted to falling prices with rising production. But what happens to what is not sold here? Export is the magic word for policy makers in German agriculture.

For countries like Cameroon, the wave of milk washing over it from Europe is a disaster. These developments stifle promising approaches within the country’s dairy sector. Dairies, some of them even funded with European development aid, lie empty because the farmers refuse to deliver milk to them. They know that their milk has no chance against the indirectly subsidized produce from Europe. "It’s not fair”, says Hayatou El Hadji Souley, dairy farmer in Cameroon. "We should be increasing our home production in order to improve people’s lives here”. That is exactly what German politicians are calling for, too. They want conditions to improve in Africa so that economic migrants won’t feel obliged to come to Europe.

Our documentary shows that European dumping prices are the opposite of what Cameroon needs to have a healthy dairy industry.
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