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Commodities

​#MarchForHouses: Thousands to descend on London mayor’s office, demand decent housing
Thousands of demonstrators will to take to the streets of London on Saturday afternoon to demand Mayor Boris Johnson deliver solutions to the capital’s deepening housing crisis.

30.01.2015 12:17

Low oil prices create ‘window of opportunity’ for China and India - World Bank
Oil importing countries like China, India, Brazil, Turkey, Indonesia and South Africa will be the big winners as oil prices continue to weaken in 2015, the World Bank says in a report.

13.01.2015 15:04

Hedging their bets: Farage revealed as courting City fund tycoons to bankroll UKIP
Nigel Farage, who markets his UK Independence Party as a grassroots brigade immune to vested and corporate interests, has been revealed as courting hedge funds and City of London investors to fund his challenge to the mainstream parties.

02.01.2015 13:54

New black gold? Coffee price soars in 2014, leaving oil & metals trailing
While the world’s most popular energy sources – oil and gas – have seen prices sliding in 2014, another commodity – coffee – has leapt in price.

01.01.2015 11:08

​‘Full force of the law’ for City traders who rig commodities – Chancellor
Traders who rig commodity markets, such as oil and gold, could face up to seven years in prison under new laws proposed by British Chancellor George Osborne

23.12.2014 16:16

UK 4th in Europe for standard of living, crushing inequalities remain
Living standards in the UK are the fourth highest in the EU, according to new figures. The release of the Eurostat report comes as Shadow Chancellor Ed Balls warns the latest austerity measures could plunge the UK into a new depression era.

11.12.2014 13:04

​Brent crude hits new 5yr low
Oil plunged to a new five-year low with Brent futures for January falling below $66 per barrel on the London International Petroleum Exchange. The latest rout is due to banks and energy groups lowering price forecasts due to the continued supply glut.

08.12.2014 14:34

4.3mn tons of food thrown away by firms annually – amid rife hunger & poverty
Supermarket giant Morrisons binned of 10,000 Cornish pasties after their delivery driver arrived 17 minutes late for collection, according to a report on hunger in the UK. The report also found that 4.3 million tons of edible food is discarded annually.

08.12.2014 11:31

Teetotal Muslims ‘to blame’ for pub closures – Tory peer
A former brewery boss and Tory peer has blamed the closure of “many” British pubs on the rise of non-drinking Muslims communities. Lord Hodgson also said cut-price alcohol in supermarkets was a problem for the industry.

05.12.2014 11:55

Gold tumbles to 3-week low after Swiss decide not to hoard
Gold fell 2 percent after Swiss voters rejected a plan that would have required the Swiss National Bank to increase its gold reserves and eventually have all Swiss bullion stored in Switzerland.

01.12.2014 10:41

Swiss, French call to bring home gold reserves as Dutch move 122 tons out of US
The financial crisis in Europe is prompting some nations to repatriate their gold reserves to national vaults. The Netherlands has moved $5 billion worth of gold from New York, and some are calling for similar action from France, Switzerland, and Germany.

28.11.2014 04:07

​OPEC may decide to give Iraq, Iran, and Libya immunity from oil supply cut
Should OPEC decide to cut production this week in an effort to boost oil prices, media reports suggest that Iraq, Iran, and Libya could be given an exemption from making supply reductions.

25.11.2014 14:03