| 25.11.2008 - Copper prices jump as Citibank rescue spurs investor confidence |
| From Bloomberg: Copper prices surged more than 7 percent after a U.S. government rescue of Citigroup Inc. boosted investor confidence and eased global-recession concerns. Citigroup got $306 billion of U.S. government guarantees for troubled mortgages and toxic assets. Before today, copper tumbled 48 percent this year amid bank losses, tighter credit and slumping manufacturing..... Full Article: Source |