World Economy

Lula: Food crisis is "temporary"

Brazil Prime MinisterRio de Janeiro - Brazilian President Luiz Inacio Lula da Silva said

Pakistan rupee recovers but outlook still weak

Karachi  - The Pakistani rupee on Friday recovered slightly against the US dollar on central bank intervention but analysts said the overall picture remains sluggish on dwindling government reserve

South Korean economic growth slows to 0.7 per cent in first quarter

Seoul - Korean CurrencySouth Korea's economy recorded its slowest growth in more than t

Argentine economic minister forced out over strike, policy disputes

Buenos Aires - Argentine Economy Minister Martin LousteauAr

Strikers blockade poor Peruvian province over high food costs

Food PricesLima - In another sign of growing global unrest over rising food costs, protesters in

High food prices aggravated by low reserves, UN says

New York - Emergency food stocks maintained by countries around
the world are at their lowest levels in 30 years, contributing to the

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