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France’s answer to global food crisis is EU protectionism PDF Print E-mail
Written by Administrator   
Tuesday, 15 April 2008 20:29

France has launched a political campaign to restore food protectionism at the heart of Europe’s agriculture policy as food riots erupt in poor countries and global leaders give warning of the dire consequences of soaring grain prices. At a high-level EU agriculture meeting in Luxembourg, Michel Barnier, the French Agriculture Minister, called on Europe to establish a food security plan and to resist further cuts in Europe’s agriculture budget.

 

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China to spend 1.2 bln yuan on logistics hub for Tibet railway PDF Print E-mail
Written by Administrator   
Wednesday, 09 April 2008 02:30

LHASA, April 9 (Xinhua) -- China's government will spend 1.2 billion yuan (about 160 million U.S. dollars) this year on a logistics center for the Qinghai-Tibet railway, project officials said on Wednesday.

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Asian markets fall as investor unload shares in China, sell property issues in Japan PDF Print E-mail
Written by Administrator   
Wednesday, 09 April 2008 02:17

Asian markets fell Wednesday, with jittery investors unloading shares in an afternoon sell-off in China, and investors in Japan selling property and construction companies.

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U.S. to export rice to Philippines PDF Print E-mail
Written by Administrator   
Wednesday, 09 April 2008 02:28

MANILA, April 9 (Xinhua) -- The United States will export rice to Manila, U.S. ambassador to the Philippines Kristie Kenney said on Wednesday, amid fears of a looming food crisis in the archipelago.

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China's benchmark Shanghai index tumbles 5.5 percent on earnings, share supply worries PDF Print E-mail
Written by Administrator   
Wednesday, 09 April 2008 02:16

Chinese stocks tumbled Wednesday, with the benchmark Shanghai Composite Index shedding 5.5 percent as jittery investors unloaded shares in an afternoon sell-off.

The 198.63-point decline in the Shanghai index, to 3,413.91, capped a three-day streak of advances that brought share prices back from one-year lows hit last week.

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