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New rules for olive oil in Europe
NEW YORK, May 8 (UPI) -- Gold prices moved sharply lower on the Comex division of the New York Mercantile Exchange Tuesday as the dollar index rose and equities tumbled on Wall Street.
Gold shed $33.50 to $1,605.60 per troy ounce. Silver shed 69 cents to $29.43 per ounce.
The dollar index rose 0.38 percent to 79.84 on the International Exchange, as the dollar gained against all major currencies of Europe and most of Asia.
The euro fell to $1.3006 from Monday's $1.3051, while the dollar dropped to 79.86 yen from Monday's 79.89 yen.
The British pound fell to $1.6157 from $1.6189. The dollar rose to 0.9987 Canadian dollars from 0.9932 Canadian.
The dollar dropped against the Hong Kong dollar, trading at 7.7625 from 7.7635. The Australian dollar fell to $1.012 from $1.0198.
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TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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