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...when prices spiked sharply in 2007-08, it wasn't because the planet was running out of natural resources. The problem was that there hadn't been enough investment in many sectors to produce those resources and bring them to market. The recession is making that situation worse. The amount of investment in the oil sector, for example, will likely be 30% lower in 2009 and at least 40% less in 2010 than was expected before the financial crisis, according to Merrill Lynch. In mining, investment could be 40% lower...

Author: /time Magazine | Title: What's Driving the Bull Market in Commodities? | 4/25/2009 | See Source »

...ever more voracious consumers of iron ore, oil and food as their economies get bigger and their citizens richer. Palm oil prices, for example, have been rising of late partly because demand from India, with its population of 1 billion, is holding up. In March, China imported a record amount of iron ore and coal, while imports of crude oil hit a 12-month high. The binge is being fueled in part by optimism that Beijing's $565 billion stimulus program will drive a turnaround in the sagging economy. "After a brief pause, China's appetite for natural resources...

Author: /time Magazine | Title: What's Driving the Bull Market in Commodities? | 4/25/2009 | See Source »

...Grouse Mountain rope-duckers, did return home safely, with some observers questioning whether these elite skiers actually needed any help in the first place. Nevertheless, the quartet also had their names circulated to all of the major resorts in Western Canada, and will have to pay an undisclosed amount for their rescue. Still, both the resort and North Shore Search and Rescue, a volunteer organization that helped in the operation, have been careful in crafting their response, wary of dissuading anyone in danger from seeking help in the future. Grouse Mountain offered to donate the offenders' money to North Shore...

Author: /time Magazine | Title: Get into Trouble Outdoors — Who Pays for the Rescue? | 4/25/2009 | See Source »

...site also proposes that the FDA mandate the amount of sugar to be labeled in the nutrition labels as per-bottle as opposed to per-serving...

Author: By Helen X. Yang, CRIMSON STAFF WRITER | Title: Web Site Raises Awareness on Sugars | 4/24/2009 | See Source »

...take an enormous amount of pills and you do self-injections too, right...

Author: /time Magazine | Title: Montel Williams | 4/24/2009 | See Source »

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