Friday, June 29, 2007

Cocoa Rises to Four-Year High in New York as Ivory Coast Minister Attacked

(Bloomberg) -- Cocoa rose to a four-year high in
New York after an attack on the prime minister of Ivory Coast,
the world's biggest grower, raised concerns that fighting may
resume in the country and cut production.

Prime Minister Guillaume Soro wasn't hurt when his plane
was attacked with rockets and small-arms fire after landing at
an airport in the central Ivory Coast town of Bouake, spokesman
Issa Doumbia said. Soro, a former rebel leader, signed a peace
accord with the government of President Laurent Gbagbo in March
that sought to end a civil war that began in 2002.


Read more at Bloomberg Commodities News

No comments: