Daily advisory

BUSINESS: Russia wheat-export banRussia wheat export ban

MOSCOW -- Russia has extended its ban on wheat exports into late 2011, pushing up the grain’s price and sparking fears of supply shortages and rising food costs. Wheat prices have risen by over 50% in the past six months.

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INDONESIA: Volcanic eruption Indonesian volcano erupts

KABANJAHE, Indonesia -- An Indonesian volcano unleashed its most violent eruption in 400 years Friday, sending a tower of ash into the sky. Mount Sinabung's eruption in Sumatra has caused the evacuation of around 30,000 people.

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NORTH KOREA: Party to pick new leadershipNorth Korea leadership transfer

PYONGYANG -- North Korea’s ruling communist party is expected to hold a rare meeting of key delegates between September 4-7, amid speculation that ailing leader Kim Jong-il will transfer power to his youngest son, Kim Jong-un.

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MID-EAST: History of failed peace talksMiddle East peace talks progress

WASHINGTON -- Israeli and Palestinian leaders have agreed to a series of direct talks with U.S. Secretary of State Hillary Clinton attending the next round on September 14-15 in the Red Sea resort of Sharm el-Sheik.

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TECH: Apple revamps iPod line Apple revamps iPod line

SAN FRANCISCO -- Apple has launched Ping -- a music-centered social network at iTunes -- and unveiled slick new iPod and Apple TV gizmos. The new iPod Touch allows for "FaceTime" video chats using front- and rear-facing cameras.

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SPACE: Largest amateur rocket set to launch‎Amateur space rocket launch

COPENHAGEN -- A group of Danish rocketeers are to launch a volunteer-built one-man rocket -- with a crash test dummy -- 30km into the sky, Copenhagen Suborbitals, is scheduled to test-launch its nine-metre-high rocket on Saturday.

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Pictures: Associated Press, Getty Images