Botswana Government to Set Up Its Own Diamond Trading Company

The Botswana government is to set up a trading company that will be responsible for the sale of the country’s diamonds, in light of new agreement with world diamond producer De Beers, in a bid to directly accrue revenue for the state.

China And Russia Haggle Over Energy Deal Prices

China, the world’s second largest economy, has made no secret of its interest in securing Russian energy exports, while Moscow has done little to hide its interest in supplying it.

American Elements Says That U.S. Needs a Strategic Metals Reserve

American Elements president and chairman of the board Michael Silver is advocating that the Obama administration establish a U.S. Strategic Metals Reserve. How People Arrived Here: american elements

Iran Criticizes Saudi Oil Production Boost, Warns of Price War

Relations between Saudi Arabia and the Islamic Republic of Iran have been stressful ever since the latter’s 1979 revolution.

House Judiciary Committee Holds Hearing on ‘Credit Card Fair Fee Act’

U.S. merchants have welcomed encouragement from Democrats and Republicans alike in support of HR 5546, the Credit Card Fair Fee Act, bi-partisan legislation that would end what some see as credit card industry price fixing, which is the subject of a hearing...