The policy move, while generally deemed insufficient to cool off the Chinese economy, caused China s two domestic stock markets to take a beating on Monday. China s central bank, the People s Bank of China, announced over the weekend a decision to raise the amount of money its commercial banks need to put aside in reserve to a record high of 13. This came after the index last week marked its biggest weekly loss in ten years, of 8%, on anticipation of more tightening measures and concerns...

Rice, which is the country's main stable food is out of reach. Bamba Sarho also expresses optimism about more economic growth in months to come, with the current economic growth registering at seven percent. We have to raise a good amount of money, before we can import goods into this country. I have to buy some cups of rice from this small amount of money. Despite the Government's claims of economic growth, cost of living here is getting higher by the day. Local businesses blamed the...

Department of Agriculture program that provides commodities to Oklahomans, but since commodity prices are so high, the amount of food provided to communities has decreased, he said. He lost his crop this year and said he has insurance to cover the cost of seeds and fertilizer, but not the cost of what he would have made by selling the crop. Leeds does not depend heavily on federal commodity programs but does depend on another federal program that helps when crop prices drop. The new farm...

Farmers urged to take up traditional crops in Orissa @ NewKerala.com News Channel Home. Addressing the agricultural scientists on the concluding day of the two day seminar on'' Road map for Agricultural Development in Orissa'' organised by the Orissa Agriculture University Teachers' Association here Mr Naik said the efforts to take up crop alien to the farmers had disaster result in the past. Farmers urged to take up traditional crops in Orissa @ NewKerala.com News Channel Home. Farmers...

Critics of Pakistan's president questioned whether his promise to hold elections in January mattered as long as the country's constitution remained suspended. Other opposition parties said Musharraf's sweeping powers, which have already led to thousands of arrests and a ban on rallies, would make a mockery of the democratic process. Pervez Musharraf said Sunday that Pakistan will stick to its January schedule for parliamentary elections but he set no time limit on emergency rule, raising...