Postcard from Gladstone, a small town in a big worldThe Queensland town of Gladstone may seem sunny and laid back, but its future hangs on the precarious movements of the global commodities market, with thousands of jobs in danger. That’s if the environmentalists don’t get to them first.
World commodity markets
GFC hits Mongolia’s herders
The impact of the Global Financial Crisis can be felt in even the most far-flung corners of the world, including Mongolia’s grasslands, where plunging commodity prices have been disastrous for local sheep and goat herders.
Wheat goes through the roof. Inflation to follow
World commodity markets gave us a reminder of the lurking dangers from inflation on Friday, with wheat leading the way with a record price rise. World wheat prices are now at all time highs, writes Glenn Dyer.
