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Iran turns to barter for food as sanctions cripple imports
PARIS/TEHRAN (Reuters) - Iran is turning to barter - offering gold bullion in overseas vaults or tankerloads of oil - in return for food as new financial sanctions have hurt its ability to import basic staples for its 74 million people, commodities traders said Thursday. Difficulty paying for urgent import needs has contributed to sharp rises in the prices of basic foodstuffs, causing hardship ...
Read more...Economic views and news - Thursday, 9 February '12
CURRENCY: A more subdued day waiting on local NZ Q4 employment data is likely for the NZD today. Having corrected from overnight highs it may well look to test support should a negative surprise be delivered.
Read more...PRECIOUS-Gold rises on Greek deal but pullback possible
* Gold up as euro rises after Greece clinches bailout deal * Analysts warn of pullback if euro zone debt crisis worsens * Platinum prices narrow discount to gold (Recasts, updates comment, market activity, ...
Read more...Liquidity Differences Between Stocks and Forex
Liquidity Differences Between Stocks and Forex
Read more...Gold and Silver Report - "PGMs = Potentially Great Movers"
Amid further, but by now routine, delays and more negotiations among its political leaders, the situation in Greece showed no concrete signs of coming to a conclusion just yet, despite the optimism manifest in certain currency, equity and commodity markets on Tuesday. To wit, the euro traded near $1.
Read more...Aberdeen Asia-Pacific Income Investment Company Limited Announces Performance Data and Portfolio Composition
Aberdeen Asia-Pacific Income Investment Company Limited Announces Performance Data and Portfolio Composition
Read more...Debt crisis and Greek debt talks: as it happened, February 8, 2012
Wall Street slips into the red as S&P warns that the US could be downgraded again if it fails to create a "credible" fiscal plan, while Greek debt talks continue in Athens.
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