Freitag, 30. Juli 2010

Russia: Worst drought in a decade, high temperatures damaged 32 percent of land under cultivation, grain prices may double



Russia’s Drought Raises Bondholder Risk on PricesA farmer driving his tractor to harvest flax at a collective farm in the village of Mirny, in the Tver region (Reuters)Russia’s worst drought in a decade will probably generate losses for bondholders as food prices rise and the government may be pushed to tap debt markets for funds [...] continue reading world news

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