User: newstrust Topic: Global Economy
Category: Globalization :: Globalize Economy
Last updated: Jan 15 2010 20:38 IST RSS 2.0
 
1 to 20 of 25,960    
Drumbeat: January 15, 2010 15.1.2010 The Oil Drum
Saudi Arabia and the oil bank The only way to manipulate commodity prices is through the ability to secure supply. In the oil markets, funds, whether ETFs or hedge funds, are categorically unable to make or take delivery of the underlying commodity, and are therefore unable to manipulate the price. It is only "end user" producers and distributors, or the few traders with the capability to make and take delivery, who are in a position to manipulate oil prices, and in order to do so they require funding, or leverage. I believe that it is macro manipulation by oil producers, funded by cheap money from investors, which has been the principal reason for recent movements in the oil price. The advantage producers have over oil traders is that ...
Also found in: [+]
Iraq Oil & Gas Production: Geopolitical Compromises and Kurdish Autonomy 15.1.2010 The Oil Drum
Iraq Oil & Gas Production: Geopolitical Compromises and Kurdish Autonomy By Kevin Kane As Royal Dutch Shell and other majors increase their investments in Iraq, some oil market analysts argue that Iraq could export over 12 mb/d (million barrels per day) within a decade, significantly shifting global production closer to 100 mb/d from the present 83.5 mb/d inventory supply. Are Iraqi oil production estimates too ambitious or perhaps, not optimistic enough? The northern Kurdish-governed territory of Iraq situated between Iran, Turkey, and Arab-Iraq is of particular importance to these expected Iraqi oil production estimates. The Kurdistan Regional Government (KRG) publicly claims to possess oil reserves greater than half the ...
Inside Europe: E.U. Seeks to Regain Influence on Response to Climate Change 15.1.2010 International Herald Tribune: Business
Stunned by being sidelined at the Copenhagen climate conference, the European Union is debating how to overcome the setback.
Also found in: [+]
Stock futures mostly lower before fresh economic reports, bank earnings 15.1.2010 Star Tribune: Business
Also found in: [+]
Inflation threat to China and India 15.1.2010 Financial Times US
Inflation is emerging as the key economic problem for India and China as growth surges in the wake of the global financial crisis, the Asian Development Bank warned on Friday
Also found in: [+]
Letter: Promoting Clean Energy 15.1.2010 NY Times: Editorials
To the Editor:.

Also found in: [+]
From Copenhagen's ashes, a better way to fight global warming 15.1.2010 Washington Post: Op-Eds
COPENHAGEN Even though no one should have been surprised by the outcome of last month's global climate summit in Copenhagen, the lack of any meaningful action unleashed a torrent of angry and disappointed rhetoric. "The outcome of Copenhagen doesn't at all match the needs . . . of mankind," complained Sweden's environment minister. "By delaying action, rich countries have condemned millions of the world's poorest people to hunger, suffering and loss of life," added Nnimmo Bassey, chair of Friends of the Earth International. And those were some of the milder comments.
Also found in: [+]
For Pakistan, no turning back from reform 15.1.2010 Washington Post: Op-Eds
When I was elected president more than a year ago, Pakistan was in grave condition, strained by terrorism and a ravaged economy. Countering the effects of a decade of dictatorship requires bold actions, some of which are unpopular. I am working with Parliament to run a country, not a political campaign. The goal of our democratic government is to implement policies that will dramatically improve the lives of Pakistanis. In time, good policies will become good politics.
Also found in: [+]
Oil-trading restrictions proposed 15.1.2010 Twincities.com: Business
WASHINGTON — In a move aimed at limiting financial speculators' ability to drive up oil prices, the Commodity Futures Trading Commission on Thursday proposed restrictions on the number of energy contracts any single investor can hold and new limits on the trading activities of Wall Street banks.
Also found in: [+]
Intel’s Bet on Innovation Pays Off in Faster Chips 15.1.2010 NY Times: Business
Intel has used its hefty pile of cash to advance its manufacturing prowess and technology while rival chip makers have struggled to stay afloat.

Also found in: [+]
Packaging isn't boring, entrepreneur finds 15.1.2010 Star Tribune: Business
Also found in: [+]
Mining deal will bring more jobs, environmental concerns to N. Minn. 15.1.2010 Minnesota Public Radio: Business
Duluth Metals has announced a partnership with one of the world's leading copper mining companies, a deal is expected to provide money to start an underground mining project south of Ely.
Also found in: [+]
Colorado to gain jobs in '10, forecast says 15.1.2010 Vail Colorado: News
Colorado should see job growth returning and home prices start rising again this year as the U.S. economic recovery gains traction, according to a forecast Wednesday from Vectra Bank Colorado. The U.S. economy should grow 2.5 percent to 3 percent this year, adjusting for inflation, predicted economist Jeff Thredgold at Vectra Bank's 17th Annual Economic Forecast Breakfast. While not especially robust, that recovery and a global rebound are the two precursors needed for Colorado to enjoy consistent job growth again. "Colorado will move out of its own recession by the latter part of 2010," Thredgold said. Still, the need to unwind the massive debts accumulated by households, businesses and government will translate into a recovery ...
Also found in: [+]
Haiti: Learning from past mistakes is the first priority 15.1.2010 The Guardian -- World Latest
In the past 10 years more than $4bn has gone to rebuild communities in Haiti - and more is needed Reconstructing Haiti is the ultimate challenge to an international community which has failed over decades to lift the island state out of poverty, corruption and violence. In the past 10 years more than $4bn has gone to rebuild communities and infrastructure devastated by hurricanes, floods and landslides, but mismanagement, lack of coordination and attempts by global institutions to use Haiti as a neo-liberal economic testbed are widely believed to have frustrated all efforts. A foreign debt of $1.5bn has weighed down the economy. Last year, the government paid $79m to service debt, but received under half that to support schools, health and ...
Also found in: [+]
Movie Stars’ Declining Real Wages 15.1.2010 The Atlantic - Matthew Ygblesias
Barney Frank cracks wise about the idea that a fee on banks to cover the costs of failed firm resolution will cause an exodous of talent: He also played down concerns that talent would leave the industry. “I don’t know where people would go for comparable salaries,” [Rep Barney] Frank said. “I guess perhaps they could star [...]
Google ripple effects rock net generation 14.1.2010 Financial Times US
Google’s move has implications that go well beyond China’s vast internet market; it has potentially opened up a new Sino-US dispute and shone a rare light on the thoroughly 21st century world of cyberattacks
Also found in: [+]
Chile Conservative Could Oust Left In Tight Vote 14.1.2010 International Herald Tribune: Americas
SANTIAGO (Reuters) - A billionaire businessman holds a razor-thin lead ahead of Chile's presidential election on Sunday and could end 20 years of center-left rule, but few major policy changes are anticipated should he win.

Also found in: [+]
Investors urge governments to take immediate action on climate change 14.1.2010 The Guardian -- World Latest
First major gathering of business leaders since Copenhagen warn of lost opportunity to create low-carbon economy Over 450 investors controlling $13tn of assets yesterday urged world governments to pre-empt an international climate change treaty and take immediate action on global warming, or risk losing the opportunity to establish a clean and sustainable low-carbon economy. At a conference at the United Nations in New York, the first gathering of business leaders since the disappointment of last month's Copenhagen climate summit said governments — even in the absence of a treaty — must adopt policies that give a clear sense of direction towards a new clean energy economy. Copenhagen made only "incremental" progress, the investors said in ...
Also found in: [+]
Haiti earthquake: Live updates Thursday 14.1.2010 Washington Post World



David Brooks: The tech boom in Tel Aviv 14.1.2010 Post-Bulletin: Local Opinion
 Jews are a famously accomplished group. They make up 0.2 percent of the world population, but 54 percent of the world chess champions, 27 percent of the Nobel physics laureates and 31 percent of the medicine laureates.
Also found in: [+]
1 to 20 of 25,960