If prices remain low the next decade might well see global trade stagnate.
'Surely, Syrian President Bashar al-Assad will not be able to pay or compensate the Russians for deployment and use of Russian men and equipment,' says Brigadier S K Chatterji (retd).
The 30-share Sensex ended higher by 46 points at 26,360 and the 50-share Nifty gained 16 points at 7,891.
The United States is looking for a "limited narrow act" of military intervention in Syria that does not involve a "boots-on-the-ground approach", but has not made a final decision yet, President Barack Obama said.
United States President Barack Obama made a forceful case for presidential nominee Hillary Clinton at the Democratic Convention in Philadelphia, offering a portrait of a tenacious public servant uniquely prepared to continue his work and while painting Donald Trump as a candidate of cynicism and fear unfit for the office.
'India and Indian Americans cannot rely on wishful thinking about the checks and balances in the US system to magically take care of the many dangerous things that Trump could do,' says Chicago-based writer Ram Kelkar.
Currently a ton of cocoa costs about $1,845 (1,500) at the exchange, $25,610 (20,821) at big chocolate producers like Barry Callebaut and $32,082 (26,083) in the shop.
The US foreign and security policy establishment, says Ambassador M K Bhadrakumar, apprehends that Trump may compel them to exorcise the 'unipolar predicament', and bring foreign and security policies to reflect the desires and priorities of the American public.
The International Fleet Review, conceived as a show of the country's naval might and readiness for battle, saw as many as 100 naval ships, including 70 from the Indian Navy, taking part in the second edition of the coveted event.
Born and abandoned in Mumbai, reborn in Sweden, Erika Sandberg says she is Indian on the outside but feels Swedish on the inside. Vaihayasi Pande Daniel narrates her tale.
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