World Bank Discusses High Food Prices Global food prices have risen by 36 percent in the past year, according to figures released this week by the World Bank. The Bank hosted its spring meetings in Washington this week, where it called on policymaker...
Regular petrol 91 octane is now $2 a litre well, $1.99.9. Although this price is high, in July 2008 it reached $2.19. At that time, the price of a barrel of oil was higher and the kiwi dollar was lower. Now the price of oil is around $100 a barrel an...
Many developing countries are closely watching the role escalating food prices is playing in the turmoil in North Africa. Government repression, corruption, unemployment and poverty united protesters to oust Egyptian President Hosni Mubarak last week...
One topic that never goes away is prices. Its not surprising really. Prices affect us all. The news recently has been about rising prices. But then I suppose thats always been the news. Prices have been rising a lot though. Especially food. I reckon...
By Mil Arcega Washington, DC 04 May 2006 watch Ripple Effect of Oil report The latest data on consumer spending shows the U.S. economy continues to expand at a healthy pace. But some economists fear o...
By Barry Wood Washington 28 April 2006 President Bush Friday said that the tripling of the price of oil since he became president in 2001 is a wake-up call that should hasten the development of altern...
By George Dwyer Washington, DC 27 April 2006 watch Military Energy Cost The cost of fighting the war on terror is measured in blood and in treasure -- the number of lives lost, and the number of U.S....
By Jim Malone Washington 26 April 2006 The rising cost of gasoline in the United States is the latest in a series of political problems facing President Bush and Republicans in Congress as they look a...
By George Dwyer Washington, DC 22 February 2006 watch Nigerian Oil report Militants in Nigeria's oil-rich Niger River Delta claim to have struck again. Only days after kidnapping a group of foreign oi...
By Douglas Bakshian A leading economic think-tank sees a strong recovery in the second half of the year for major industrial economies, in spite of high oil prices, and says inflation is not yet a con...