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On this episode of Counting the Cost we look at how Egypt is paying the price for Russia's ban on wheat exports and, as other commodity prices soar, we ask what part speculators are playing.

Plus, floods have forced Pakistan's biggest refinery to shut down, bringing parts of the country to a standstill.

And in an election year, the FED steps in to help the US economy as Barack Obama, the US president, hands struggling states $26bn.

This episode of Counting the Cost aired from Friday, August 13, 2010.