Majority of economists mislead over commodity bubble: survey
WASHINGTON, May 8, 2008 (AFP) - A surge in food and energy prices is being driven by fundamental market conditions, rather than an investment bubble, according …
Other
Wrong response aggravates Asia food crisis: ADB report
MANILA, May 9, 2008 (AFP) - Asia's response to tightening global grain supplies has aggravated food price inflation and uncertainty, according to an Asian …
Indian inflation at 7.6-pct in April
NEW DELHI, May 9, 2008 (AFP) - India's annual inflation rate rose marginally to a near four-year high at 7.61 percent on the back of rising food prices, …
India’s growth rewarding amid global risks: Merrill Lynch
MUMBAI, May 7, 2008 (AFP) - India offers one of most rewarding opportunities for growth in spite of recessionary conditions in the United States, wealth …
Thailand says Malaysia to buy emergency rice supplies
BANGKOK, May 8, 2008 (AFP) - Thailand said Thursday it would provide 500,000 tonnes of rice to Malaysia in an emergency purchase as the latter's national …
Brazil, India have ‘greenest’ consumers, US trails: study
WASHINGTON, May 7, 2008 (AFP) - Inhabitants of Brazil and India have the world's most environmentally-sustainable lifestyle and Americans have the least, …
Nepal lifts ban on Everest as Olympic torch summits
KATHMANDU, May 8, 2008 (AFP) - Scores of climbers waiting on the southern Nepalese approach to Mount Everest will be allowed to proceed after the Chinese …
Sri Lanka a blue whale watching hot spot
May 07, 2008 (LBO) – Sri Lanka may be one of the easiest places to watch whales, allowing it to become a global top spot to watch blue and sperm whales, …
Sri Lanka tea exports to Iran face high duties, packet ban
May 07, 2008 (LBO) – High import duty rates and a ban on packet tea imports by Iran is preventing Sri Lankan tea exporters from better penetrating a …
ECB focuses on inflation as governors meet in Athens
ATHENS, May 7, 2008 (AFP) - The European Central Bank is widely expected to leave its key interest rate unchanged again Thursday, focusing as it is mandated to …
Maldives gets ready for August polls
May 7, 2008 ( LBO) - The Indian Ocean Island of Maldives is in the final stages of wrapping up its new constitution, which will pave the way for the nation's …
Netting Victims
May 07, 2008 (LBO) – Hundreds of Indian victims of the Goldquest scheme are flocking to police to lodge complaints after courts ordered authorities to …
UAE urged to limit foreigner visas to six years
DUBAI, May 7, 2008 (AFP) - The United Arab Emirates, whose booming economy functions thanks to millions of foreign workers, has been urged to put a six-year …
India’s Bharti joins 700-million-dollar cable project linking Britain
BANGALORE, India, May 7, 2008 (AFP) - Bharti Airtel, India's top mobile-phone operator, said Wednesday it had joined a consortium to build a 700-million-dollar …
Yahoo still open to a takeover offer from Microsoft: report
LONDON, May 6, 2008 (AFP) - Yahoo's Chief Executive Officer Jerry Yang defended his handling of failed takeover negotiations with Microsoft and said he remains …
Myanmar rulers under fire over cyclone
YANGON, May 6, 2008 (AFP) - Myanmar's military rulers were under fire Tuesday after revealing more than 10,000 people died in the cyclone that battered the …
Myanmar says cyclone death toll tops 15,000
YANGON, May 6, 2008 (AFP) - More than 15,000 people were killed in Myanmar's devastating cyclone, the government said Tuesday, with thousands more feared dead …
Cyclone could hurt Myanmar rice exports: WFP
BANGKOK, May 6, 2008 (AFP) - The deadly cyclone that struck Myanmar devastated its main rice-growing region, and could threaten exports meant to ease shortages …
Oil price strikes new record high at 122 dollars
LONDON, May 6, 2008 (AFP) - Oil prices hit a record high 122 dollars here on Tuesday as the market was driven by concerns over violence in key producer Nigeria …