Gambling with Foodstuffs | Made in Germany

Published on Oct 11, 2012 by deutschewelleenglish

The commodities markets in Paris and Chicago determine global food prices. Here wheat, corn and soy bean futures get bought and sold. Banks, insurance companies and international investors are all playing the game. A poor wheat harvest means both rising wheat and higher food prices in general. Local farmers and merchants no longer have any influence whatsoever on the price of their products. Read more: http://www.dw.de/dw/0,,3066,00.html

Snack Pack: Wheat, Euro, Banks, U.S. Treasuries

Oct. 11 (Bloomberg) -- Bloomberg's Stephanie Ruhle, Alix Steel, Julie Hyman, Dominic Chu and Adam Johnson update the top trading stories of the day. They speak on Bloomberg Television's "Lunch Money."

Sugar, Cotton Prices Slide on USDA Crop Report

Oct. 11 (Bloomberg) -- Bloomberg's Alix Steel reports on today's top commodities news headlines on Bloomberg Television's "Lunch Money."

EU May Delay Basel Bank Rules for Up to a Year

The European Union may push back when lenders need to start phasing in tougher Basel bank-capital rules by as much as a year after warnings that pressing ahead with the original timetable may drive up costs, according to three people familiar with the talks.

Europe Day Ahead: IMF, Germany at odds on debt (1:42)

Oct. 11 - Germany's finance minister shoots down an IMF suggestion that euro zone strugglers should get more time to meet budget targets as debt worries dominate the IMF and World Bank meeting in Tokyo

Mini-Pork Knuckle with Barley and Chanterelle Mushrooms | Euromaxx

Published on Oct 11, 2012 by deutschewelleenglish

As the temperatures in Europe start to dip, it's time to turn to hearty cuisine. Euromaxx shares the recipe for a traditional dish from Estonia that is sure to warm up the heart and soul!Mini-Pork Knuckle with Barley and Chanterelle Mushrooms.

Read more: http://www.dw.de/dw/0,,7613,00.html

Lenovo overtakes HP as world's top PC maker

Published on Oct 11, 2012 by IBTimesUK

Chinese computer manufacturer Lenovo has overtaken Hewlett Packard to becoming the world's leading PC maker, according to research firm Gartner.

HP had held the crown for six years, but in Gartner's report, Lenovo now holds a 15.7 per cent share of the PC market, just ahead of HP who are on 15.5.

As Lenovo has gone from strength to strength, HP has been in decline, with the US firm posting a £5.5bn loss in the previous quarter.

Gartner's findings contradict those of another research firm, IDC, which has HP just holding its lead.

87.5 million PCs were sold in the last three months, a drop of 8.3 per cent compared to this time last year. This global slump in sales is mainly due to the rising popularity of tablets and smartphones as alternatives to computers.

Written and presented by Alfred Joyner

Credit cut raises pressure on Spain to ask for aid

Published on Oct 11, 2012 by Euronews

http://www.euronews.com/ Spain came under renewed pressure to formally ask for a financial bailout after a ratings agency cut the country's credit worthiness to one point above junk.

Immediately after the move by Standard and Poors, the cost of borrowing spiked, but fell back.

Spain's economy is in a mess and the agency said that Madrid's refusal to ask for aid could pull the credit rating down still further.

Spain's deputy prime minister, Soraya Sáenz de Santamaría, said: "The Standard and Poors report does not match the treatment the debt markets are giving the Spanish economy and the way we have financed ourselves in recent days. It has to be said also that many of these reports do not take into account the structural reforms that we have made."

The markets' reaction suggests traders expected the downgrade.

Spain's conservative leadership have maintained they are not ready to ask for a bailout yet. But many economists believe that were the country's credit worthiness cut to junk, the humiliating process of asking for an international handout would be speeded up.

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European markets at close: 11.10.2012

Published on Oct 11, 2012 by Euronews

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The Tu Tagata Festival

Published on Oct 11, 2012 by tagatapasifika1

Highlights from the 34th Wellington Tu Tagata Festival. Hitting the stage this year were 8 schools showcasing their Pacific identity through Music and Dance.

Child marriages common in Afghanistan

Published 11 October 2012 02:37 1172 Views

The UN marks Thursday as International Day of the Girl Child. The focus this year is on ending child marriages. In Afghanistan, the practice is illegal under the law but still very common. Al Jazeera's Jennifer Glasse has been speaking to one woman who was forced into a marriage at the age of 11.

Japan heavily invested in Myanmar

Published 11 October 2012 03:44 1175 Views

Japan is taking the lead in helping the nation of Myanmar overcome its economic problems. Tokyo has already agreed to waive billions of dollars in debt, and is helping Myanmar pay back loans. And it's expected to ask other nations to contribute - as the IMF and World Bank meet in the Japanese capital. Al Jazeera's Wayne Hay has more.

U.S. Scientists Win Nobel Prize in Chemistry

Published on Oct 11, 2012 by NTDTV

Nobel Prize in Chemistry goes to two American scientists.