From MacroBusiness:
The biggest news over the festive break was the ongoing surge in iron ore prices, which have risen by more than $US30 per tonne since December. Iron ore is Australia’s biggest export commodity (see below chart) and any increase in prices flows directly into national disposable income, boosting company profits, government revenues, incomes and employment.
We don't have a lot of references to twirling on the blog, exactly two if memory (and a Google site search) serve. Here's one from 2007:Overnight, the iron ore price jumped another 3% to $158.82 per tonne, which is the highest level since October 2011. From the AFR....MORE
The Simpsons on Biofuels, Politics and P.R. Spin
Marge: Now, I know you haven't liked some of my past suggestions, like switching to the metric system --
Abe: [stammers a little] The metric system is the tool of the devil!
My car gets forty rods to the hogshead and that's the way I likes it.
[hogshead: n 1: a British unit of capacity for alcoholic beverages]
Kang on politics:Kang: Abortions for all.
[crowd boos]
Very well, no abortions for anyone.
[crowd boos]
Hmm... Abortions for some, miniature American flags for others.
[crowd cheers and waves miniature flags]
Kodos on P.R. spin:One night, Springfield holds a Dole-Clinton debate. Clinton is giving
the opening speech:
My fellow Americans. As a young boy, I dreamed of being a baseball, but tonight I say,
we must move forward, not backward, upward not forward,
and always twirling, twirling, twirling towards freedom.
The first quote is from episode 2F31 "A Star is Burns"
The latter two are from episode 4F02 "Treehouse of Horrors VII"
