Abu Dhabi  - The Abu Dhabi Formula 1 Grand Prix, set to close the season that starts Sunday, could become a night-time race in 2010.

"The fact that we can run the track 24 hours a day leaves us in a very good position to run the circuit at night-time. There are a lot of possibilities," the race's general manager Richard Cregan said in an interview with German Press Agency dpa.

Berlin - Germany wants to develop relations with Mongolia, Chancellor Angela Merkel said Thursday after talks with Mongolian Prime Minister Sanj Bayar in Berlin.

She told a news conference there was scope for expanding economic ties with the resource-rich Central Asian nation.

Bayar, who earlier met Economics Minister Karl-Theodor zu Guttenberg, said his visit to Germany also included talks with German business leaders in the steel, banking and rail sectors.

The EUR/USD popped up yesterday after Timothy Geithner admitted that there may be a better international currency reserve than the U. S. Dollar.

However, Geithner later clarified that he believes the U. S. Dollar will continue to play a key role in international reserves and transactions. The stability of the U. S. Dollar has been thrown into doubt in the face of historical governmental spending and the Federal Reserve's planned use of quantitative easing.

Analysts are anticipating massive inflation in the U. S., or an extreme depreciation of the Dollar against major currency pairs. Therefore, governments are voicing their opinion concerning the domination of the U. S. Dollar before the G20 summit.

London  - Pir

Washington  - US President Barack Obama's attempts to sell his economic proposals to the public took a 21st century twist on Thursday as he held an online townhall forum from the White House.

Obama has taken to the airwaves with television interviews and press conferences in recent days, but Thursday's format allows the admitted technology buff a chance to interact live with more people.

Crude futures strengthened from our bottom-end support yesterday despite higher than expected Crude Oil Inventories for the fourth straight week.

Despite the concerning increase in supply, crude is finding comfort in better than expected economic data from the U. S. coupled with depreciation of the Dollar.

Consequently, analysts are expecting rampant inflation in America. Improving economic data is encouraging to investors because it sparks the hope that production can pick up along with the consumption of crude.

Furthermore, a depreciating Dollar makes Dollar-denominated commodities such as crude more attractive for international consumption.