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Commodities

Hindu Diwali holiday triggers 450% gold surge in India
India will be glistening with gold in the next few days, as millions celebrate Diwali, the festival of lights. The holiday has pushed up demand for gold. In September the country imported $3.75 billion worth of gold jewelry in preparation.

23.10.2014 11:27

GMO backlash: Syngenta faces mounting lawsuits over genetically-modified seeds
​Agribusiness giant Syngenta AG now faces lawsuits from farmers in 11 US states claiming the seed-and-chemical company’s sale of a genetically-engineered variant of corn yet to receive approval in China depressed market prices for the grain.

21.10.2014 14:04

UK-Israel trade hits record high despite Gaza carnage
UK trade relations with Israel between January and August 2014 are reported to have reached record levels, despite worldwide public outrage against the IDF’s recent military assault on Gaza.

08.10.2014 14:42

Billion-dollar lawsuits claim GMO corn 'destroyed' US exports to China
Three class-action lawsuits filed Friday claim that agribusiness power Syngenta is to blame for depressed corn exports to China since the seed company released a genetically-engineered variant of the crop before it was approved by Beijing.

06.10.2014 17:28

House passes bill to weaken Dodd-Frank and help Wall Street, Koch brothers
The House of Representatives voted Tuesday to water down key parts of the 2010 Dodd-Frank Act, weakening the Commodity Futures Trading Commission’s power to regulate derivatives. The resulting bill helps big banks and the Koch brothers.

26.06.2014 00:15

How much will the Chile quake cost?
Earthquake damage in Chile could cost the country billions of dollars, a high price for a slowing economy dependent on exports.

02.04.2014 08:07

​China to allocate $162bn on urbanization program
The government of China plans to spend more than $162 billion in 2014 on redeveloping over 4.75m households in shantytowns thus boosting urbanization. The move is aimed at promoting economic growth.

17.03.2014 16:17

Chinese banking liberalization: Time to invest in the walking dead
​China proposes opening banking to allow foreigners to share in - well, probably not the profits, and therein lies the problem...

17.03.2014 09:51

Bitcoin CEO found dead in Singapore, suicide suspected
A young American woman who ran the First Meta bitcoin exchange was found dead in her Singapore apartment last week. Police are investigating the “unnatural death”.

06.03.2014 08:44

Next 25 years of Bitcoin revolution will be ‘wild ride’ - CEO of world's biggest exchange
Exchange glitches, arrests, government crackdowns, and volatility haven’t been able to stop people wanting to get their hands on the bitcoin, and the CEO of BTC China Bobby Lee told RT the bitcoin revolution will be bigger than the Internet.

13.02.2014 13:56

Happy Chinese New Year, Bitcoin! Biggest exchange opens for business despite bank warning
The world’s biggest bitcoin exchange by volume has reopened allowing yuan-to-bitcoin deposits. This goes against an order by the People’s Bank of China, which said all bitcoin trading should stop before the Chinese New Year, January 31.

31.01.2014 08:02

London seeks to reform 100-year-old ‘gold fix’
Pricing probes have forced London’s biggest banks to consider a systemic overhaul of the dated practice of "fixing" gold prices, which sets spot pricing for the world’s $20 trillion physical gold market.

22.01.2014 08:47

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