And then molybdenum prices plummeted as the crippling trickle-down effects of the global financial turmoil hit the mining industry.
We stressed that global financial turmoil and elevated commodity prices underscore the urgency for continued attention through policy coordination.
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Politicians heading for the polls in other countries that are feeling the fall-out from global financial turmoil are watching carefully.
This appeals to Mr Ma at a time when his popularity is slumping, as Taiwan is battered by global financial turmoil.
The Fed is unlikely to cut interest rates unless global financial turmoil or a sharp crash in share prices threatens to choke off American consumer spending.
Suppose, for example, that in the autumn of last year, when there were fears that global financial turmoil would drag the American economy into recession, policymakers had responded by cutting taxes rather than interest rates.
But that is how they may be marketed as turmoil grips global financial markets.
Nor did renewed turmoil in global financial markets stop the bank from acting.
In view of the recent global economic turmoil and our limited financial resources, our business plan for 2010 has been to continue to focus on the marketing and distribution of energy efficient products in China.
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Overall, despite the turmoil and financial woes of global companies in recent years, trust in all institutions increased.
Just as it was starting to feel that the US economy was beginning to get back on its feet, financial turmoil in Europe seems to be taking a bite out of the global market including negatively affecting US markets.
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"Considering that the financial and currency turmoil in Asia has world-wide roots as well as global consequences, shared international responsibility in restoring economic stability in Asia must be recognized, " said the Philippine foreign minister.
The two leaders were meeting in Paris in the wake of last week's turmoil on the financial markets, which came amid fears of a renewed global recession and over the ability of Spain and Italy to repay their debts.
The Fed's statement took note of the global stresses that have been intensified by the turmoil in Cyprus, which is trying to stave off financial ruin.
During the lead-up to the global economic downturn of 2001, Telecom Argentina, like many other companies during that time, became embroiled in financial turmoil.
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Fragile conditions in major economies have further led to a slowdown in Indian exports, exacerbating the turmoil in the South Asian economy which was expanding at a robust 9% pace just before the global financial crisis in 2008.
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