Monday, October 29, 2007

China: Taiyuan Coal Exchange to open in November

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From China Daily: China Taiyuan Coal Exchange, the first of this kind in the country, will be put into operation in November of this year at...

U.S. Dollar Index Hits New Low: Inflation is Here, Now

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How fortuitous! This weekend I pulled out a monograph I wrote in November 2004. The exec. summary fit on a 3x5 card: Financial Expectations ...

Merrill Lynch's shares rise on speculation CEO O'Neal will be ousted

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That's gotta hurt. The first time I became aware of the phenomenon was when Armand Hammer died in 1990 and Occidental's market ...

China growth slows to 11.5%

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From the Business Report (South Africa): China's economy expanded 11.5 percent in the third quarter from a year earlier, official data s...
Friday, October 26, 2007

$1 trillion green market seen by 2030-Morgan Stanley

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From Reuters: Global sales from clean energy sources like wind, solar and geothermal power and biofuels could grow to as much as $1 trill...

Stocks In The Coming Decade

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John Bogle, writing for Forbes: Common sense tells us we're facing an era of subdued returns in the stock market. There are two ki...

Potash suspends sales as Russian sinkhole expands

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From the National Post: Potash Corp. of Saskatchewan (POT/TSX, POT/NYSE) has suspended sales to new clients due to new concerns regarding ...

Mugabe launches Robert Mugabe intelligence academy; Chicago Economists to Aid Inflation-Weary Zimbabwe

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I've got Zimbabwe on my mind and this shows up in the reader. Zimbabwe is the Chair of the U.N.'s Commission on Sustainable Developm...

Strike on Iran Would Roil Oil Markets, Experts Say

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From the Washington Post: A U.S. military strike against Iran would have dire consequences in petroleum markets, say a variety of oil ind...

From Darfur to Shanghai

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From Salon's How the World Works blog: Continuing its relentless march towards the magical summit of $100, the price of a barrel of oil...

Mozambique signs ethanol mega-deal: $510 million, 30,000 hectares of sugarcane

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From BioPact: Mozambique's Agriculture Minister has confirmed his country has signed a huge $510 (€360) million deal with London-listed...

Hedge Funds, Tax Rates, Income Inequality and Cap-and-Auction

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Robert Reich, writing at Salon: ...The biggest emerging pay gap is actually within the top 1 percent of all earners. It's mainly a gap b...

Feuding sultan's secret billions exposed

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You can probably tell, I'm tired, it's been a long week, I've got accumulated links. From The Age: The Sultan of Brunei, who is ...

Pandemic test undertaken by financial services paints dire scenario

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From ComputerWorld: If a pandemic strikes the U.S., it will kill about 1.7 million people, hospitalize 9 million, exhaust antiviral medicati...

Arch Coal: CEO Leer Calls for Action on Global Warming

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Now that's a headline! From Energy Central Energy Biz: The link between coal burning and global warming is strong. As an industry, what...

Soybean market watches U.S. harvest, Brazil's planting

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From the Prairie Star (Great Falls, MT): The soybean industry watched two growing seasons carefully in mid- to late-October. Wet conditions ...

GE to plow $1 billion into clean tech research

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From cnet: General Electric will spend $1 billion in research and development this year on clean energy technologies, part of its Ecomaginat...

Climateer "Quote of the Day"

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At Climate Progress Joe Romm asked: Climate Change Economics — Comments Sought I am writing a reply to this hit-piece in Slate, “ Save th...

AIG's Private Fire Trucks Protect Homes of Wealthy Californians

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Combining the AIG and California wildfire posts below, Bloomberg gives me a reason to call that insurance fella. Firefighter Sam Crays was i...

2007 Yearly Tropical Cyclone Activity to Date

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Like a losing ticket at the races, my hurricane futures are only a writeoff.* From the Center for Ocean-Atmospheric Prediction Studies at F...