Oil rallies to record $US124 | OIL rallied back from early losses overnight to strike a fresh record above $US124 a barrel as strong diesel demand outweighed signs of rising OPEC supplies. | US crude traded up to an all-peak of $... (photo: AP / Nam Y. Huh)The Australian
Govern global arms trade | IN the present scandal of the attempt to ship tonnes of arms and ammunition to Zimbabwe, it is the Chinese who have spoken the most sense. China's foreign ministry said the country's shipment of mor... (photo: AP / Jeff Roberson)The Australian
$US120 oil blows budget forecast | THE surge in world oil prices to more than $US120 a barrel threatens to make the federal Treasury's budget inflation forecast obsolete before it even goes to print. | I... (photo: Tupras)The Australian InflationMarketOilPhotosUS
Bank head says greed behind food price rises | : The food price crisis is caused largely by greed and speculation rather than food shortages, the head of Southern Africa's development bank said on Tuesday. | Spirall... (photo: WN / Renzelle Mae Abasolo)International Herald Tribune AfricaBankFoodPhotosPrice
Oil price hits $120 The price of crude oil has surged past $120. Supply concerns from Opec members Nigeria and Iran as well as a weaker dollar pushed US crude prices up by $4 to ... (photo: WN/Theresa Poongan)Al Jazeera BusinessMarketOilOpecPhotos