At the World Social Forum in Porto Alegre, Ricardo Petrella, a professor, author, and water activist from Italy, reported that Nestlé and Coca Cola are buying up large tracts of land in Brazil that contain permanent water springs. Those multinationals are investing vast sums of money in Europe in the bottled water market. Their aim in South America is the same. The International Monetary Fund has put pressure on African governments to accept water privatization as a condition for their receiving subsidies for development.
05 March 2013
WCC Programmes
