World Bulletin / News Desk
The United States and France are closely watching rising grain and soy prices and will be ready to call for an emergency meeting of G20 agricultural officials if needed, France's agricultural minister said on Monday.
"France ... and the United States remain attentive to any new fact that could justify a meeting of the rapid response forum," Agricultural Minister Stephane Le Foll wrote in a statement.
Last month, France activated the G20 grain action body that deals with agricultural market information and said it would call an emergency meeting of the forum - which was created last year to manage market crises - if the grain situation in the United States and Russia were to worsen.
The United States, where severe drought has led to a global surge in cereal prices, will take over the helm of the grain action body in October over which France currently presides.
Radical cleansing will start a new era in Turkey, says the head of the Turkish Cooperation and Development Agency (TIKA)
EU Commissioner for Jobs, Growth and Investment and Competitiveness Jryki Katainen told reporters "we should forget this phrase" when asked if that meant granting market economy status to China.
Militancy has reduced revenue from oil industry by half, senior official says
The grant was signed Monday in Nairobi to mitigate impact of forced displacements on refugee hosting communities in East Africa
The EU Trade Commissioner Malmstrom made the comment while speaking to Chinese students in Beijing ahead of a China-EU summit.
Trade Ministers Meeting in Shanghai concludes with pledge to push efforts toward trade liberalization and facilitation
Brexit raises uncertainty for consumer, investor confidence, ratings agency says
Bank of England Governor Mark Carney eases lending rules after vote for Brexit
Banca Monte dei Paschi di Siena, or BMPS, is among the banks at the forefront of those concerns with gross bad loans amounting to 46.9 billion euros ($52 billion).
Fund to be used in support of education, health, municipal, socio-economic support for refugees in Turkey
Turkish Statistical Institute says energy prices drive fall in imports
Given all the uncertainty, investors were pricing in a chance of a rate cut with some analysts expecting the Bank of England to consider quantitative easing to cushion the economy
The Egyptian stock index was down 5.8 percent in early afternoon.
The pound sterling sees its lowest level against the the US dollar in over 30 years