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.
Depreciation of emerging market currencies, combined with low commodities prices, have made investors around the globe nervous
Global growth at further risk from Chinese asset price deflation, and US interest rate increases, Moody's says
Traders fear Chinese government will withdraw support measures markets
European Commission president 'convinced' three-year plan will boost investment in EU
Deal aims to bolster fight against tax fraud through exchange of financial information on Turks holding accounts in US and vice versa
Vessels were delivered to port of Alexandria on June 17
The economic cost of violence according to the 2015 Global Peace Index has reached a staggering $14.3 trillion with Syria the least peaceful country.
The leading opposition lawmaker has said that Turkish President Erdogan is open to all possiblities for a coalition.
Qatar has filed a lawsuit against the leader of the National Front in France for his comments regarding "terror" activities.
Saudi Arabia will put in place an electronic bracelet system for all pilgrims visiting the country to perform their Hajj duties.
After U.S. Federal Reserve Chair Janet Yellen indicated that the central bank was poised to raise interest rates, European stock markets fall.
Italian company Enel will invest 18 billion euro for renewable energy sources in Africa.
Azerbaijani president said in a statement that Southern Gas Corridor project will supply neighboring and European countries for a 100 years
Oil prices rose above $60 due to Iran's call for oil production cut
Economic growth in the Euro-Zone is not at desired levels.
Director and Global Head of Islamic Finance at Standard & Poor's says that growing market for sukuk and new players mark 'significant interest' in Islamic finance.