Economics and Policy Banks have reignited the debate over whether Arabian Gulf states should peg their currencies at a fixed rate to the United States dollar, after remarks from Qatar's central bank suggesting some should examine alternatives. More from The National Gold edged lower on Thursday, ahead of key U.S. jobs data and a European Central Bank (ECB) policy meeting later, while a gold import duty hike in India raised worries about future demand. More from Reuters Turkey's prime minister Recep Tayyip Erdogan yesterday rejected a key demand of the protest movement that has shaken the country for a week and said "terrorist groups" had hijacked peaceful demonstrations. More from The National Rising global food demand will push up prices 10 to 40 per cent over the coming decade and governments need to boost investment to increase farm production, a forecast by two international agencies has said.
