The price of oil has hit a new record high.
US climbed to just over $114 a barrel in late electronic trading in New York. London Brent crude settled at $111.31 a barrel, after hitting an all-time high of $112.08 in earlier trade. Observers say the price is China seeks India Tibet backing ...
NY governor issues apology in scandal ...
Sub-prime crisis hits US bonuses ... being driven up by the current weakness of the US dollar and increasing demand from both China and India.
(Deutsche Welle)
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