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	Podcast:		World Business Report
	Episode:		How is the surging price of commodities affecting the global economy?
	Category:		Business
	Duration:		00:26:03
	Publish Date:		2024-04-09 22:23:00
	Description:		Commodities - the raw materials that power business around the globe - are surging in price. And that suggests investors betting on a prolonged expansion—and a potential rebound in inflation. The S&P GSCI, which tracks commodity prices has advanced 12% this year. Copper and oil have gained more than 10% and 17%, respectively. Gold is also posting fresh records, rising 13% to $2,332 a troy ounce. So what's going on? Also, in the programme, the presenter Roger Hearing finds out why some politicians have pushed back against New York City’s congestion charging plan.
	Total Play:		0