Word: coaling
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...hydrocarbon era before we get to 2100. We'll phase in other forms of energy by 2050. We've got to use hydrogen someplace in there. For the short term, we've got to use more of our coal reserves in the U.S., and I would suppose we'll go back to looking seriously at nuclear...
...about popularity; performance is about personality. And an Idol contestant who gets over on charm or a touching story is in good company. Singers have always used biography, real or concocted, to bond with their audience: Robert Johnson selling his soul to the devil, Loretta Lynn growing up a coal miner's daughter. (If only Sid and Nancy had a reality show.) Who a singer is and how he or she lived don't just drive the audience's interest but, at best, inform the performance. In Porgy and Bess, for instance, Clara sings Summertime to her baby during...
...news if you happen to be in the business of selling, say, iron to China. But a slowdown would be welcome in many quarters. China's appetite for raw materials has been Brobdingnagian. The country consumed 40% of the world's cement, 31% of the world's coal and 27% of its steel last year, helping drive up prices for many commodities, such as metals, by 50%. But prices have been falling for several weeks, to the delight of many. Jeffrey Sheu, spokesman for Taiwan-based bicycle maker Giant Manufacturing, applauds China's efforts to rein in the economy, because...
...time high in April and foreign-currency reserves are the largest ever at $37 billion. The economy is growing at its fastest rate since 2000, fueled in part by China's soaring demand for commodities?the 17,000-island archipelago is rich in oil, natural gas, gold, copper, nickel, coal, palm oil and rubber. Global confidence in Indonesia's prospects has also improved somewhat. In March, the country successfully raised $1 billion in its first international sovereign-bond issue since the 1997 Asian crisis...
Stock pickers should consider steel (Nucor, International Steel Group), fertilizer (Agrium), farm equipment (Deere), coal (Peabody), precious metals (Newmont Mining), paper goods (International Paper, MeadWestvaco) and energy (ExxonMobil). Then, when the prices you pay at the counter go up, so should your portfolio...