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Print - 2009-03-22
Washington Mutual sues FDIC for over $13 billion

Washington Mutual sues FDIC for over $13 billion

Washington Mutual Inc, the failed US savings and loan, has sued the Federal Deposit Insurance Corp for well over $13 billion in connection with the loss of its banking operations, which was acquired by J.P. Morgan Chase & Co.
Published 22 Mar, 2009 12:00am
WTC developer seeks government financial aid: Wall Street Journal

WTC developer seeks government financial aid: Wall Street Journal

The private developer redeveloping the World Trade Center site in New York City has asked the government for financial assistance, the Wall Street Journal reported on Saturday. Quoting people familiar with the matter, the Journal said.
Published 22 Mar, 2009 12:00am
US rice growers see Obama loosening Cuba embargo

US rice growers see Obama loosening Cuba embargo

US rice growers expect President Barack Obama to further ease Washingtons trade sanctions against Cuba this year and say this could lift US rice sales to the island to at least 200,000 tonnes annually.
Published 22 Mar, 2009 12:00am
US rice growers see Obama loosening Cuba embargo

US rice growers see Obama loosening Cuba embargo

US rice growers expect President Barack Obama to further ease Washingtons trade sanctions against Cuba this year and say this could lift US rice sales to the island to at least 200,000 tonnes annually.
Published 22 Mar, 2009 12:00am
US rice growers see Obama loosening Cuba embargo

US rice growers see Obama loosening Cuba embargo

US rice growers expect President Barack Obama to further ease Washingtons trade sanctions against Cuba this year and say this could lift US rice sales to the island to at least 200,000 tonnes annually.
Published 22 Mar, 2009 12:00am
US plans major Afghan police boost: Holbrooke

US plans major Afghan police boost: Holbrooke

President Barack Obama plans a significant increase in the size of the Afghan police force, the US special representative for Afghanistan and Pakistan Richard Holbrooke said on Saturday. Holbrooke said an initial plan by the Obama administration to help b
Published 22 Mar, 2009 12:00am
11 dead as blasts mar Afghan New Year

11 dead as blasts mar Afghan New Year

Four bomb blasts struck Afghanistan on Saturday, killing 11 people and wounding several more as the country marked the first day of its New Year amid a spike in deadly insurgent attacks. Taliban militia claimed responsibility for the deadliest blast, in w
Published 22 Mar, 2009 12:00am
11 dead as blasts mar Afghan New Year

11 dead as blasts mar Afghan New Year

Four bomb blasts struck Afghanistan on Saturday, killing 11 people and wounding several more as the country marked the first day of its New Year amid a spike in deadly insurgent attacks. Taliban militia claimed responsibility for the deadliest blast, in w
Published 22 Mar, 2009 12:00am
Obama not to accept Geithners resignation

Obama not to accept Geithners resignation

US President Barack Obama said he would not accept Treasury Secretary Timothy Geithners resignation if it was offered, according to excerpts from a television interview to be broadcast on Sunday. Obama said he would tell Geithner: "Sorry buddy youve still
Published 22 Mar, 2009 12:00am
Obama not to accept Geithners resignation

Obama not to accept Geithners resignation

US President Barack Obama said he would not accept Treasury Secretary Timothy Geithners resignation if it was offered, according to excerpts from a television interview to be broadcast on Sunday. Obama said he would tell Geithner: "Sorry buddy youve still
Published 22 Mar, 2009 12:00am
NWFP may miss deadline for setting up PDMA

NWFP may miss deadline for setting up PDMA

The uncertainty regarding the fate of the district government system creating hurdles in the establishment of disaster management authorities at district level in the province. The provincial government under (NDMCO) 2006 had announced the establishment o
Published 22 Mar, 2009 12:00am
NWFP may miss deadline for setting up PDMA

NWFP may miss deadline for setting up PDMA

The uncertainty regarding the fate of the district government system creating hurdles in the establishment of disaster management authorities at district level in the province. The provincial government under (NDMCO) 2006 had announced the establishment o
Published 22 Mar, 2009 12:00am
Iran ready to change too if US does: Khamenei

Iran ready to change too if US does: Khamenei

Irans supreme leader Ayatollah Ali Khamenei said on Saturday the Islamic republic is ready to reciprocate if US President Barack Obama changes American attitude towards his country. "If you change your attitude, we will change our attitude," Khamenei said
Published 22 Mar, 2009 12:00am
Iran ready to change too if US does: Khamenei

Iran ready to change too if US does: Khamenei

Irans supreme leader Ayatollah Ali Khamenei said on Saturday the Islamic republic is ready to reciprocate if US President Barack Obama changes American attitude towards his country. "If you change your attitude, we will change our attitude," Khamenei said
Published 22 Mar, 2009 12:00am
PQA clarification

PQA clarification

PQA has clarified its stand on the news item appeared in Business Recorder on March 21, 2009. PQA awarded the contract of Construction of Water supply, sewerage and storm water drainage system for molasses and edible oil area at a cost of Rs 36.820
Published 22 Mar, 2009 12:00am
North Korea reopens hotline

North Korea reopens hotline

North Korea reopened a military hotline with the South on Saturday, a day after Washington and Seoul ended annual defence drills Pyongyang had called preparations for an invasion. The North also confirmed it had detained two Americans on Tuesday for "ille
Published 22 Mar, 2009 12:00am
PQA clarification

PQA clarification

PQA has clarified its stand on the news item appeared in Business Recorder on March 21, 2009. PQA awarded the contract of Construction of Water supply, sewerage and storm water drainage system for molasses and edible oil area at a cost of Rs 36.820
Published 22 Mar, 2009 12:00am
New York cotton

New York cotton

Thursdays closing prices of New York cotton in US cents/lb.

Published 22 Mar, 2009 12:00am
US, China and Japan pledge support for Friends of Pakistan moot

US, China and Japan pledge support for Friends of Pakistan moot

The United States, China and Japan have vowed their support for next months Friends of Pakistan meeting in Tokyo, where major economic powers are expected to back the South Asian countrys economic development programmes.
Published 22 Mar, 2009 12:00am
New York cotton

New York cotton

Thursdays closing prices of New York cotton in US cents/lb.

Published 22 Mar, 2009 12:00am
US, China and Japan pledge support for Friends of Pakistan moot

US, China and Japan pledge support for Friends of Pakistan moot

The United States, China and Japan have vowed their support for next months Friends of Pakistan meeting in Tokyo, where major economic powers are expected to back the South Asian countrys economic development programmes.
Published 22 Mar, 2009 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (March 21, 2009) and for Sunday (March 22, 2009).
Published 22 Mar, 2009 12:00am
US, China and Japan pledge support for Friends of Pakistan moot

US, China and Japan pledge support for Friends of Pakistan moot

The United States, China and Japan have vowed their support for next months Friends of Pakistan meeting in Tokyo, where major economic powers are expected to back the South Asian countrys economic development programmes.
Published 22 Mar, 2009 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (March 21, 2009).

Published 22 Mar, 2009 12:00am
Kuwaits Gulf Bank posts fourth quarter loss

Kuwaits Gulf Bank posts fourth quarter loss

Kuwaits troubled Gulf Bank on Saturday posted a fourth-quarter loss of 445.5 million dinars ($1.54 billion), citing losses on derivatives transactions as it was hit by the global financial crisis. Kuwaits fourth-largest bank by market value said it made a
Published 22 Mar, 2009 12:00am
The Weather

The Weather

The weather report on Saturday (March 21, 2009) and the forecast for Sunday (March 22, 2009).

Published 22 Mar, 2009 12:00am
Petrobras oil workers to strike from March 23

Petrobras oil workers to strike from March 23

Oil workers at state-controlled Brazilian energy firm Petrobras will strike for five days from Monday and attempt to cut crude output in protest over job cuts, pay and working conditions. The main oil workers union, the FUP, met with Petrobras President J
Published 22 Mar, 2009 12:00am
Frank wants Fannie, Freddie bonuses halted

Frank wants Fannie, Freddie bonuses halted

A key US House of Representatives committee chairman said on Friday that employee bonus programmes at Fannie Mae and Freddie Mac should be halted, while the regulator who oversees the two government-controlled housing finance companies defended the progra
Published 22 Mar, 2009 12:00am
Kuwaits Gulf Bank posts fourth quarter loss

Kuwaits Gulf Bank posts fourth quarter loss

Kuwaits troubled Gulf Bank on Saturday posted a fourth-quarter loss of 445.5 million dinars ($1.54 billion), citing losses on derivatives transactions as it was hit by the global financial crisis. Kuwaits fourth-largest bank by market value said it made a
Published 22 Mar, 2009 12:00am
PC for slashing PSDP by Rs 108.9 billion

PC for slashing PSDP by Rs 108.9 billion

All ministries may face a total cut of Rs 108.9 billion combined in Public Sector Development Programme (PSDP) 2008-09 due to financial constraints, well informed sources revealed to Business Recorder on Saturday.
Published 22 Mar, 2009 12:00am
PC for slashing PSDP by Rs 108.9 billion

PC for slashing PSDP by Rs 108.9 billion

All ministries may face a total cut of Rs 108.9 billion combined in Public Sector Development Programme (PSDP) 2008-09 due to financial constraints, well informed sources revealed to Business Recorder on Saturday.
Published 22 Mar, 2009 12:00am
Qatar-ExxonMobil to delay gas joint venture

Qatar-ExxonMobil to delay gas joint venture

Qatar Petroleum (QP) and ExxonMobil Corp will delay by up to 12 months the development of the $5-billion Barzan gas field joint venture, primarily to cut costs, London-based MEED magazine reported. Contractors who were expecting to bid for the engineering
Published 22 Mar, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (March 21, 2009).

Published 22 Mar, 2009 12:00am
PC for slashing PSDP by Rs 108.9 billion

PC for slashing PSDP by Rs 108.9 billion

All ministries may face a total cut of Rs 108.9 billion combined in Public Sector Development Programme (PSDP) 2008-09 due to financial constraints, well informed sources revealed to Business Recorder on Saturday.
Published 22 Mar, 2009 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 21, 2009).

Published 22 Mar, 2009 12:00am
EoIs invited for exploration licences

EoIs invited for exploration licences

The Ministry of Petroleum and Natural Resources has invited expressions of interest (EoIs) for grant of petroleum exploration rights (exploration licences) for 53 blocks in the country. After the unveiling of Petroleum (Exploration and Production) Policy
Published 22 Mar, 2009 12:00am
EoIs invited for exploration licences

EoIs invited for exploration licences

The Ministry of Petroleum and Natural Resources has invited expressions of interest (EoIs) for grant of petroleum exploration rights (exploration licences) for 53 blocks in the country. After the unveiling of Petroleum (Exploration and Production) Policy
Published 22 Mar, 2009 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (March 21, 2009).

Published 22 Mar, 2009 12:00am
Breakthrough in Gilani-Nawaz meeting likely today

Breakthrough in Gilani-Nawaz meeting likely today

A crucial meeting between Prime Minister Syed Yousuf Raza Gilani and Pakistan Muslim League (Nawaz) leader Mian Nawaz Sharif is being held on Sunday at Raiwind residence of latter amid high hopes of lifting of Governors Rule that will put an end to politi
Published 22 Mar, 2009 12:00am
Breakthrough in Gilani-Nawaz meeting likely today

Breakthrough in Gilani-Nawaz meeting likely today

A crucial meeting between Prime Minister Syed Yousuf Raza Gilani and Pakistan Muslim League (Nawaz) leader Mian Nawaz Sharif is being held on Sunday at Raiwind residence of latter amid high hopes of lifting of Governors Rule that will put an end to politi
Published 22 Mar, 2009 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (March 21, 2009).

Published 22 Mar, 2009 12:00am
EoIs invited for exploration licences

EoIs invited for exploration licences

The Ministry of Petroleum and Natural Resources has invited expressions of interest (EoIs) for grant of petroleum exploration rights (exploration licences) for 53 blocks in the country. After the unveiling of Petroleum (Exploration and Production) Policy
Published 22 Mar, 2009 12:00am
World Bank mission to visit FBR to review TARP

World Bank mission to visit FBR to review TARP

A World Bank (WB) mission would visit the Federal Board of Revenue (FBR) from March 30 to April 1 to review the Tax Administration Reform Project (TARP). Sources told Business Recorder on Saturday that the WB supervision mission would meet FBR Chai
Published 22 Mar, 2009 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 21, 2009).

Published 22 Mar, 2009 12:00am
World Bank mission to visit FBR to review TARP

World Bank mission to visit FBR to review TARP

A World Bank (WB) mission would visit the Federal Board of Revenue (FBR) from March 30 to April 1 to review the Tax Administration Reform Project (TARP). Sources told Business Recorder on Saturday that the WB supervision mission would meet FBR Chai
Published 22 Mar, 2009 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 21, 2009).

Published 22 Mar, 2009 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 21, 2009).

Published 22 Mar, 2009 12:00am
World Bank mission to visit FBR to review TARP

World Bank mission to visit FBR to review TARP

A World Bank (WB) mission would visit the Federal Board of Revenue (FBR) from March 30 to April 1 to review the Tax Administration Reform Project (TARP). Sources told Business Recorder on Saturday that the WB supervision mission would meet FBR Chai
Published 22 Mar, 2009 12:00am
Drone attacks to badly affect war on terror: CIA Director told

Drone attacks to badly affect war on terror: CIA Director told

Expressing concerns, Pakistan on Saturday apprised the visiting US CIA Director that drone attacks in Pakistan territory remained counterproductive, and their continuation would badly affect the ongoing war on terror.
Published 22 Mar, 2009 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 21, 2009).

Published 22 Mar, 2009 12:00am
Drone attacks to badly affect war on terror: CIA Director told

Drone attacks to badly affect war on terror: CIA Director told

Expressing concerns, Pakistan on Saturday apprised the visiting US CIA Director that drone attacks in Pakistan territory remained counterproductive, and their continuation would badly affect the ongoing war on terror.
Published 22 Mar, 2009 12:00am
THE RUPEE: dollar fails to rise on currency market

THE RUPEE: dollar fails to rise on currency market

Firmness prevailed on the currency market on Saturday as the rupee retained its overnight level against dollar for buying at 80.50 while it inched up after gaining three paisa for selling at 80.52, dealers said. The rupee managed to hold its level as supp
Published 22 Mar, 2009 12:00am
THE RUPEE: dollar fails to rise on currency market

THE RUPEE: dollar fails to rise on currency market

Firmness prevailed on the currency market on Saturday as the rupee retained its overnight level against dollar for buying at 80.50 while it inched up after gaining three paisa for selling at 80.52, dealers said. The rupee managed to hold its level as supp
Published 22 Mar, 2009 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (March 21, 2009).

Published 22 Mar, 2009 12:00am
Mullah Omar is in Afghanistan: Raisani

Mullah Omar is in Afghanistan: Raisani

Taliban leader Mullah Muhammed Omar is not in Balochistan and the United States should not carry out missile attacks in the region, a senior official said. Western and Afghan officials have long suspected that Omar and other members of the Taliban governm
Published 22 Mar, 2009 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Ports world-wide shipping schedule beginning Saturday (March 21, 2009).

Published 22 Mar, 2009 12:00am
Washington Mutual sues FDIC for over $13 billion

Washington Mutual sues FDIC for over $13 billion

Washington Mutual Inc, the failed US savings and loan, has sued the Federal Deposit Insurance Corp for well over $13 billion in connection with the loss of its banking operations, which was acquired by J.P. Morgan Chase & Co.
Published 22 Mar, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (March 21, 2009).

Published 22 Mar, 2009 12:00am
US wheat futures lower

US wheat futures lower

US wheat futures closed lower on Friday on profit-taking after the big rally on Thursday and on some forecasts for rains in the dry US Plains. CBOT May wheat ended 5 cents per bushel lower at $5.50-1/4 per bushel. Cash dealers said there was an increase i
Published 22 Mar, 2009 12:00am
US copper down

US copper down

US copper futures ended down Friday in a mild pullback from a new 4-1/2-month peak as investors cashed in on an 8 percent weekly rally, with a jump in inventories and a rebounding dollar slowing the recent momentum. Copper for May delivery ended down 1.15
Published 22 Mar, 2009 12:00am
New York coffee tad up

New York coffee tad up

Arabica coffee futures ended a tad higher on Friday as investors took a breather in the wake of a rebounding dollar, a day after the market rallied to its highest level in more than a month, traders said. The May arabica coffee contract settled up 0.05 ce
Published 22 Mar, 2009 12:00am
US gold lower

US gold lower

US gold futures ended lower on Friday as the market locked in profits following the previous sessions sharp rally, but strong investment flows into gold exchange-traded funds should put a floor under prices. Gold for April delivery settled down $2.60 at $
Published 22 Mar, 2009 12:00am
US corn and soya dip after strong gains

US corn and soya dip after strong gains

US corn and soya futures inched down on Friday, after sharp gains the previous day, as financial markets sagged over worries the Federal Reserves Treasury bond purchase plan could have unintended consequences. Underlying sentiment for grains markets was b
Published 22 Mar, 2009 12:00am
Malaysias IOI sees palm oil at 2,000 ringgit a ton

Malaysias IOI sees palm oil at 2,000 ringgit a ton

Malaysias IOI Corp, the worlds third-largest listed palm oil producer, said the price of crude palm oil could rise 20 percent due to falling domestic stockpiles. "We see prices trading within a range of 2,000 ringgit to 2,300 ringgit, averaging about 2,00
Published 22 Mar, 2009 12:00am
EU 2009 wheat crop may fall

EU 2009 wheat crop may fall

The European Unions 2009 soft wheat harvest is expected to fall by 9 percent to 128.30 million tonnes from 140.96 million, EU grain trade lobby Coceral said on Friday in its first forecast for the year. The outlook was based on an estimated sowing area of
Published 22 Mar, 2009 12:00am
US soyabean futures notch one-month top

US soyabean futures notch one-month top

US soyabean futures on the Chicago Board of Trade scaled a one-month peak on Friday, led by nearby March, on uncertainty over the export status of Argentina which could lead to more US export sales, traders said. May soyabeans ended 11-1/2 cents higher at
Published 22 Mar, 2009 12:00am
Thailand tightens borders to fight grain smuggling

Thailand tightens borders to fight grain smuggling

Thailand has tightened up on border trade to stop smugglers bringing in grain to take advantage of the subsidised prices paid by the government to help local farmers, officials said on Friday. "It will be a co-ordinated effort by the navy, the army and al
Published 22 Mar, 2009 12:00am
US cocoa down

US cocoa down

US cocoa futures pulled back from a one-month high on Friday amid some profit-taking at weeks end, but traders expected the markets strong technical momentum to drive prices higher in the coming week. Benchmark May fell $6 to close at $2,585 per tonne. Se
Published 22 Mar, 2009 12:00am
Vietnam rice exporters to seek loading delays

Vietnam rice exporters to seek loading delays

Vietnam will seek approval from rice buyers to delay some shipments after exporters contracted 4 million tonnes, loading for most of which is scheduled within the first half of the year, the Agriculture Ministry said.
Published 22 Mar, 2009 12:00am
New York sugar settles easier

New York sugar settles easier

Raw sugar futures settled easier Friday on investor profit-taking as the market retreated after a commodity-wide rally pushed the sweetener up a three-week peak in the prior session, brokers said. The key May raw sugar contract slipped 0.08 cent to end at
Published 22 Mar, 2009 12:00am
KCBT wheat futures down

KCBT wheat futures down

Hard red winter wheat futures on the Kansas City Board of Trade closed lower Friday on profit-taking following Thursdays rally, forecasts for rains in the Plains and on increased country movement of HRW wheat. KCBT May wheat closed 3 cents lower at $6.03
Published 22 Mar, 2009 12:00am
Fed stimulus boosts commodity prices

Fed stimulus boosts commodity prices

Commodity prices rallied this week as the US Federal Reserves decision to pump more than a trillion dollars into the ailing American economy weakened the greenback, leaving investors to seek out havens. "The Feds decision to move to quantitative easing by
Published 22 Mar, 2009 12:00am
FOB Gulf corn and soyabean export premiums firmer

FOB Gulf corn and soyabean export premiums firmer

US corn and soyabean export premiums at the Gulf of Mexico were firm on Friday, supported by uncertainty about Argentine exports, traders said. Wheat export premiums were flat amid slow demand. Argentine farmers blocked roads on Friday and called for a se
Published 22 Mar, 2009 12:00am
Ghana cocoa purchases pick up

Ghana cocoa purchases pick up

Cocoa purchases in Ghana have picked up after a slow start and the main crop in the worlds No 2 grower is on track to reach a 600,000 tonne target, the head of the Cocobod regulator said. "Until recently, there were uncertainties about the harvest, but no
Published 22 Mar, 2009 12:00am
Canadian canola futures end strong week higher

Canadian canola futures end strong week higher

ICE Canadian canola closed higher on Friday in sympathy with US soyabeans to finish a strong week in which near-month May futures gained 4 percent. Trading was light compared to the pace set this week, as crushers slowed their buying and farmers reduced s
Published 22 Mar, 2009 12:00am
Egypt extends rice export ban until October

Egypt extends rice export ban until October

The Egyptian trade ministry said on Saturday it was extending a ban on rice exports until October to keep prices down on the domestic market. "The decision is intended to preserve the stability of prices in the local market," state news agency MENA quoted
Published 22 Mar, 2009 12:00am
Crisis to rock Africa for at least two years: Japan

Crisis to rock Africa for at least two years: Japan

Japanese Foreign Minister Hirofumi Nakasone warned that the global economic crisis would affect Africa for at least two years, as he opened a development conference in Botswana on Saturday. "The global financial and economic crisis that has arisen since t
Published 22 Mar, 2009 12:00am
US seizes top credit union clearinghouse

US seizes top credit union clearinghouse

Regulators seized the top clearinghouse for US credit unions, citing a critical deterioration in the finances of the provider of services to thousands of retail credit unions. The National Credit Union Administration (NCUA) took control of US Central Fede
Published 22 Mar, 2009 12:00am
Activists slam Water Forum as ministers debate communique

Activists slam Water Forum as ministers debate communique

A global ministerial meeting was putting the final touches here Saturday to resolutions for tackling the worlds water crisis but activists attacked the process as a corporate-driven fraud. The communique to be issued by more than 100 countries on World Wa
Published 22 Mar, 2009 12:00am
Indonesia to allocate land to Saudis for rice

Indonesia to allocate land to Saudis for rice

Indonesia will allocate at least 2 million hectares (4.9 million acres) of farm land to joint ventures with Saudi investors to be used mainly for the cultivation of rice, a Saudi newspaper reported on Saturday. The move would turn Indonesia into the world
Published 22 Mar, 2009 12:00am
US bank rescue plan could come on March 23

US bank rescue plan could come on March 23

The US government will announce as soon as Monday a long-awaited plan to try to get bad assets off the books of banks, a cornerstone of its efforts to tackle the credit crisis, The Wall Street Journal reported. The Obama administration, battling a deepeni
Published 22 Mar, 2009 12:00am
Buy-out groups vie for Barclays iShares

Buy-out groups vie for Barclays iShares

Private equity groups Hellman & Friedman, Bain Capital and TPG have shown interest in buying the iShares unit from British bank Barclays, sources familiar with the situation said. Talks with a consortium around Hellman & Friedman were moving "quickly and
Published 22 Mar, 2009 12:00am
Russia suspends imports from three US poultry plants

Russia suspends imports from three US poultry plants

Russia will suspend imports from three US poultry plants beginning March 27, one of which is owned by Tyson Foods Inc, the largest US chicken producer, USDA said this week. No reason was given in USDA report for the suspensions and Tyson said on Friday it
Published 22 Mar, 2009 12:00am
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