The most interesting stories in business and world events are right here.
Let's begin!
-
Ocean freight rates (Baltic Exchange Index) hit an all
time high, as capacity in dry bulk shipping is outpaced by global
demand.
-
Nicholas Vardy at Seeking Alpha asks, "Are
We Currently in the Middle of a Commodities Super Cycle?".
-
Bloomberg
speaks with global investor Mark Mobius about emerging markets and
US and world GDP figures. Thanks to Ivan of At
These Levels for his comments on this clip.
-
More on the upcoming launch of uranium
futures contracts on the NYMEX from MarketWatch. They pulled together
some interesting quotes for this story, and its good to see them speaking
with people who have been watching this market closely for the past several
years.
-
Financial Times investigates the true
state of the carbon trading market and finds "widespread failings
in the new markets for greenhouse gases".
-
Biofuels
are speeding up deforestation, but the UN is backing an EU plan for
mandatory biofuel blending in automotive fuels.
-
Philanthropy
steps in where the state failed. This report will come as no surprise
to anyone familiar with libertarian philosophy or pre-welfare state history.
-
Entrepreneurs
say business conditions are harder. A survey of British entrepreneurs
shows dissatisfaction with excessive red tape and poor worker education,
key among concerns over future UK competitiveness.
Interestingly, a quarter of the survey respondants seem to think that
the government should do something to better the education system. Wasn't
it government that gave them the education system and regulations that
are currently in place?
-
In
praise of entrepreneurs. The Economist reviews a new biography of
economist Joseph Schumpeter.
While their review suggests that Schumpeter's work on business cycles "is
little read today because the idea at its heart has not stood up to scrutiny",
some observers have
apparently taken notice of Schumpeter's writing on this subject.
For more, see Dr. Marc Faber's reading list in our link section.
-
Businessweek's Spencer E. Ante on David
Halberstam's Last Speech. Audio tape and transcript of Mr. Halberstam's
final public speech is available.
-
Reuters: Scientists
find most Earth-like planet yet. Unfortunately, a search for intelligent
life on the planet has only revealed the existence of a toy-dog-in-purse
toting race.
-
Economist special report on credit
derivatives.
-
Bloomberg columnist Caroline Baum says, "France's
Sarkozy Is No Maggie Thatcher".
-
Hedge funds for the masses? Christian
Baha's Superfund Pitch.
-
Gary Dorsch and Ty
Andros discuss the rise in China's dollar reserves and the rise of
global inflation.
-
Bear Mountain Bull on Dow
13,000.
HOME
Printer Friendly
eMail Article
Top of Page
