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Poverty Reduction? A Long Way to Go for Sudan

Alesio Clement — Sat, 11 Oct 2008 10:02:18 +0000

Apart from clashing with the simmering internal political tensions and pleasures contentious issues such as Dar Fur crisis, sharing of oil and non-oil revenues between Khartoum and the semi-autonomous Southern Sudan, prices of basic communities...

Gold, silver prices plummet as fear grip markets

AP — Fri, 10 Oct 2008 23:03:09 +0000

Gold and silver plummeted Friday after Wall Street posted another big loss and forced investors to dump holdings in precious metals to raise badly needed cash.

Gold prices jump above $900 after Fed cuts rates

AP — Wed, 08 Oct 2008 22:26:14 +0000

Gold prices shot up above $900 an ounce Wednesday after the Federal Reserve slashed its key interest rate, undercutting the dollar and boosting demand for hard assets as an inflation hedge. Silver also...

Gold prices climb amid financial uncertainty

AP — Tue, 07 Oct 2008 22:19:10 +0000

Gold prices kept rising Tuesday, approaching $900 an ounce after another day of turmoil in financial markets encouraged buying of safe-haven assets. Silver also rose.

Commodities prices drop as credit crisis spreads

AP — Mon, 06 Oct 2008 17:24:04 +0000

Commodities prices tumbled broadly Monday on growing expectations that the financial crisis pummeling world markets will dramatically reduce global demand for energy and raw materials. Gold prices shot up as investors’ faith in stock markets dimmed further, touching off a desperate dash for safe alternative investments.

Commodities prices mostly lower on demand concerns

AP — Fri, 03 Oct 2008 21:58:51 +0000

Commodities prices fell broadly Friday as investors worried that an economic downturn would further depress demand for energy and raw materials despite approval of a $700 billion financial...

Commodities prices dive as dollar surges vs. euro

AP — Thu, 02 Oct 2008 18:30:53 +0000

Commodities prices plunged Thursday as a rapidly strengthening dollar and more gloomy readings on the economy compelled investors to dump positions in gold, grains and...

Soybeans rebound on Argentina strike threat

AP — Wed, 01 Oct 2008 22:19:13 +0000

Soybean prices turned higher for the first time in a week Wednesday as a threatened farmers’ strike in Argentina raised worries of a shortage of the crop used to feed people and...

Gold prices jump after lawmakers reject bailout

AP — Mon, 29 Sep 2008 21:42:39 +0000

Gold prices bolted above $900 an ounce Monday after the legislative defeat of a U.S. financial bailout drove investors to pull money out of stocks and buy safe-haven...

Gold jumps above $920 on bailout worries

AP — Fri, 26 Sep 2008 18:29:28 +0000

Gold prices briefly jumped above $920 an ounce Friday as a stalled plan to bail out the U.S. financial system unnerved investors and prompted a flight into safe-haven assets. Silver also...