Financial crisis, courtesy defaults, looms large over Unza market
UNZA, the largest APMC commodities trading centre in Asia, is currently passing through a worst operational phase, more so when financial liquidity is fast drying up.

Foreign firms can now take 100% of Saudi gas projects
Saudi Arabian Oil Minister Alial-Naimi said foreign companies could take 100% stakes in the major gas projects on offer in the kingdom.

GM, transgenic crops continue to be a scare in India
Globally, the hectarage of geneticaly improved crops are increasing. It has gone upto 44.2 million hectares from 1.7 million hectares in 1996 in 11 countries, mainly Argentina, USA, Mexico, Canada, Australia, South Africa and China.


  China goes a long way ahead with GMOs
  EU sugar industry worried by aid plan
  Plastic processors hit as cheaper goods from Nepal flood market
  Tea prices up before start of first season
  IEA lowers OPEC 2001 `call,' raises forecast
  Gold eases further, silver ride continues; oilseeds rule quiet
  BA Concorde fuel tanks fitted with rubber liners
  Freight rates may touch 10% as cargo movement revs up
  Nuke fuel shipment to leave France for Japan
  Tea prices at southern centres remain steady
  Canadian `fingerprinting' may block diamonds that finance civil war
  Japan machinery orders fall, fanning new doubts
  `Blood diamonds fuelled fighting in Kabila's Congo'
  UN health agency urges clean-up of uranium sites
  Sugar trade aims at 1 m tn exports by September
  Indian fine chemical industry touches 11% growth in 1999-00