Latest News Updates - Link the articles to Economics concepts & ideas you have learnt!

• Bush calls for economy kick-start
  - US President George W Bush has called for a special package of measures worth billions of dollars to avoid a downturn in the world's biggest economy [read more]
  

• Wheat prices down 40% from peak
  - The price of wheat has fallen 40% from a record peak set in February on expectations of a bumper harvest. [read more]

• Brown's biofuels caution welcomed
  - UK Prime Minister Gordon Brown has pledged to examine the impact of biofuels on world food prices, at a meeting with aid agencies, scientists, supermarkets and farmers. [read more]

• UN calls for farming revolution
  - A UN-sponsored report has called for urgent changes to the way food is produced, as soaring food prices risk driving millions of people to poverty. [read more]

• Firms jostle for managers in China as business booms
  - China's rapidly expanding economy has created a seemingly insatiable appetite for Chinese-speaking managers. Yet even though 3 million university graduates enter China's workforce every year, multinational companies are finding it hard to find local talent to meet that demand. [read more]

• Recession Diet Just One Way to Tighten Belt
  - Stung by rising gasoline and food prices, Americans are finding creative ways to cut costs on routine items like groceries and clothing, forcing retailers, restaurants and manufacturers to decode the tastes of a suddenly thrifty public. [read more]