Oil prices hit two-month highs this week, driven by Federal Reserve stimulus hopes and Middle East unrest, while soyabeans soared to a record high as US supplies were hit by drought.
Rebels seized control of Syria's border crossings with Iraq on the bloodiest day of the uprising against President Bashar al-Assad, as China and Russia dismayed the West by blocking UN action against his regime.
UN chief Ban Ki-moon and international envoy Kofi Annan called on the UN Security Council to take strong action on the Syria conflict ahead of a vote Thursday on a western-backed resolution calling for sanctions.
Rebels declared the battle to "liberate" Damascus has begun as heavy fighting raged across the city on Tuesday and Russia said an agreement is possible for a UN resolution on the Syria crisis.
Syria's army blasted rebel strongholds in Damascus with mortars Sunday, sparking the "most intense" fighting in the capital since the revolt erupted 16 months ago.
Two people have died and 26 others have been infected by an outbreak of cholera in the city of Gao, northern Mali, a region occupied by hardline Islamist groups.
Poring over pictures of bullet-riddled bodies and charred villages, peace mediators say Myanmar's far north is writhing in the grip of a "resource war" with no end in sight.
Early winter vacation was announced from December 19 to January 4 due to the emergency situation and curfew introduced following the public unrest December 16.