Tradenews

GCC to Ward off the Fears of Fiscal Deficit, if Current Oil Prices Stay Afloat [13 Apr 2009]  
According to the Middle East oil experts, the current crude prices in the realm of $50/barrel will help GCC to avoid a potential budget deficit as announced by the latest bulletin of the Emirates Indu  ...More
Tags: gcc     oil price     gulf    
El Nino Impact - Rice Prices to Skyrocket [03 Feb 2010]  
Based on the last month’s report on El Nino by the US Climate Prediction Center, the global rice production as well as other food products will be drastically impacted by the ongoing climatic phenomen  ...More
Tags: rice    rice production    rice market    Brazil    
US-Cuba May Hammer out a Deal Soon Despite Divergences [27 Apr 2010]  
The two events, the legislation passed by the US House of Representatives easing travel and trade restrictions and recent municipal election in Cuba suggest the US will end the 48yr-old embargo agains  ...More
Tags: US    Cuba    Barack Obama    rice    agriculture    
US Rice Farmers Let down by South Korea FTA [23 Dec 2010]  
A senior official from the US Rice Federation informed in an interview that the recent FTA between the US and South Korea had been a disappointment. While speaking to the Farm Press, Bob Cummings, sen  ...More
Tags: Rice     Grain Trade     US Farmers     Agriculture     FTA    
Argentine Farmers Still Unhappy over Hostile Export Policies [25 Jan 2011]  
The farmers’ protest that took place in Argentina last week was called off by the trade unions with a warning of series of strikes in the near future if their demands were not met. The warnings indica  ...More
Tags: Food Prices     Grain Supplies     Argentina     Farmers Strike    
Empowered Group of Ministers on food open exports of non-Basmati Rice [10 Feb 2011]  
Ending a prolonged ban since 2008 on the export of non- Basmati rice, an empowered group of ministers (EGoM) on food decided on Wednesday to conditionally open exports of premium varieties, including  ...More
Tags: Basmati rice    MEP    albeit mutedly    AIREA    
Food prices push 44m into poverty: World Bank [17 Feb 2011]  
Rising food prices have pushed about 44 million people into poverty in developing countries since last June, the World Bank warned.

Food costs are continuing to rise to near 2008 levels, when  ...More
Tags: World Bank    Food Price Index    food inflation    anti-poverty    
Sweet Revenge- China Raises Price of European Wines to counteract the Solar Panel Incident [10 Jun 2013]  
Whoever said that revenge is best served cold wasn’t obviously referring to the European made Champagnes, Burgundies and other fine wines that will soon be pricier for connoisseurs across China. This  ...More
Tags: China Raises Price of European Wines