Monday, July 16, 2007
Banks pressured over global warming
Greens to banks: Just say no to coal
Environmental group tells big financiers to stop funding dirty power plants.
By Steve Hargreaves , CNNMoney.com staff writer
July 16 2007: 6:06 AM EDT
Greens to banks: Just say no to coal
Environmental group tells big financiers to stop funding dirty power plants.
By Steve Hargreaves , CNNMoney.com staff writer
July 16 2007: 6:06 AM EDT
Greens to banks: Just say no to coal
Is inflation contained?
Rising Food Prices May Give Bernanke, Central Bankers Heartburn
By Rich Miller and Bob Willis
A customer at a fish and chip shop in Saffron Walden
July 16 (Bloomberg) -- Rising prices for food, from yogurt in the U.S. to steak in South Africa, are causing heartburn at the world's most powerful central banks.
The fastest increase in food-commodity prices in at least a decade has already led monetary authorities in England, Mexico, Chile and South Africa to lift borrowing costs. It is also sowing doubts about the U.S. Federal Reserve's focus on core inflation, which excludes food and energy, and about China's gradual approach to tightening credit.
Rising Food Prices May Give Bernanke, Central Bankers Heartburn
By Rich Miller and Bob Willis
A customer at a fish and chip shop in Saffron Walden
July 16 (Bloomberg) -- Rising prices for food, from yogurt in the U.S. to steak in South Africa, are causing heartburn at the world's most powerful central banks.
The fastest increase in food-commodity prices in at least a decade has already led monetary authorities in England, Mexico, Chile and South Africa to lift borrowing costs. It is also sowing doubts about the U.S. Federal Reserve's focus on core inflation, which excludes food and energy, and about China's gradual approach to tightening credit.
Rising Food Prices May Give Bernanke, Central Bankers Heartburn
Wednesday, July 11, 2007
Base metals being stolen all over the place
Thieves after copper anywhere they can find it.
Thieves stole NSB cables
Norwegian railway NSB often gets all the blame when trains don't run on time. Problems early this week, however, clearly were not its fault.
Thousands of train passengers were affected by the thieves who hacked off rail cables and stole them on Monday.
PHOTO: JAN TOMAS ESPEDAL
Thousands of passengers were delayed or left stranded when all service between Oslo and Ski was halted Monday. NSB initially reported technical problems and delays in repairing cables that relay critical information to traffic controllers.
It turns out the problems were caused by thieves who literally ripped out NSB cables along the route, apparently to exploit the suddenly valuable copper that the cables contain.
http://www.aftenposten.no/english/local/article1879951.ece
Thieves stole NSB cables
Norwegian railway NSB often gets all the blame when trains don't run on time. Problems early this week, however, clearly were not its fault.
Thousands of train passengers were affected by the thieves who hacked off rail cables and stole them on Monday.
PHOTO: JAN TOMAS ESPEDAL
Thousands of passengers were delayed or left stranded when all service between Oslo and Ski was halted Monday. NSB initially reported technical problems and delays in repairing cables that relay critical information to traffic controllers.
It turns out the problems were caused by thieves who literally ripped out NSB cables along the route, apparently to exploit the suddenly valuable copper that the cables contain.
http://www.aftenposten.no/english/local/article1879951.ece
Will inflation be under control during an oil crunch?
I hope so
World will face oil crunch ‘in five years’
By Javier Blas, Commodities Correspondent
Published: July 9 2007 13:25 | Last updated: July 9 2007 13:25
The world is facing an oil supply “crunch” within five years that will force up prices to record levels and increase the west’s dependence on oil cartel Opec, the industrialised countries’ energy watchdog has warned.
http://www.ft.com/cms/s/2d97d75a-2e0c-11dc-821c-0000779fd2ac,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F2d97d75a-2e0c-11dc-821c-0000779fd2ac.html&_i_referer=
Subscribe to:
Posts (Atom)