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Stock markets around the world have witnessed severe sell-offs since the turn of the year on the back of surging concerns about the strength of the Chinese economy and the negative impact of the plummeting oil price.
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Over the past year or two, prices have spiked as refineries have been unable to meet local demand surges.Supply concerns have also played a part in the so-called fear premium.
Natural gas surged on concern that supplies are shrinking too fast to avoid disruptions.
A weak dollar and surging oil prices underpinned concerns that inflation might continue on its upward path.
That reflected a big jump in America's oil bill, underscoring concerns that surging oil prices could slow the recovery.
WASHINGTON (Reuters) — America's stockpiles of corn and soybeans will be drawn down to thin levels this year, the government said in a reporton Wednesday that sent grain and oilseed prices soaring and added to concerns over surging world food prices.
Insurance stocks tumbled on concerns over surging costs from Katrina and possible effects from Rita.
That reflected a big jump in America's foreign oil bill, underscoring concerns that surging oil prices could derail the economic recovery.
A slew of new organizations of African-American gun owners and enthusiasts have popped up in the past several years amidst concerns about surging hate crimes and ever-present anger about police killings of black Americans.
The main areas of concern were surging inflation which reached a 10-year high in 2007 an emerging stock-market bubble, the environmental fallout from China's fast-growing economy, and corruption.
In November, the Bank of England became the first of the world's major central banks to raise borrowing costs in more than three years, because of concern about surging home prices and a rapid buildup of consumer debt.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com