Word: copper
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...reliability as well as the market for getting news over mobile phones. For Alvelda, his experience at the World Economic Forum this year affirmed demand for such services. He says leaders of developing countries recognized MobiTV's potential for bringing information to their communities. "Now they don't lay copper. They put up cell towers," says Alvelda. "It leapfrogs some of the challenges of the past...
...This chain reaction plainly demonstrated the increasingly prominent place China now occupies in the minds of global investors. Its extraordinary economic rise has been a key reason for soaring demand for everything from copper to oil to cars, much to the benefit of multinational and Chinese companies alike. But while investors are right about China's economic importance to the world, they're clearly still confused about how to interpret a decline in Chinese stocks. There's little question that the reaction to China's market swoon was overwrought, and that this is not a replay of 1997. Rarely...
...This chain reaction plainly demonstrated the increasingly prominent place China now occupies in the minds of global investors. Its extraordinary economic rise has been a key reason for soaring demand for everything from copper to oil to cars, much to the benefit of multinational and Chinese companies alike. But while investors are right about China's economic importance to the world, they're clearly still confused about how to interpret a decline in Chinese stocks. There's little question that the reaction to China's market swoon was overwrought, and that this is not a replay of 1997. Rarely...
...materials demanded by the country's red-hot economy. They've faced steep price rises, more than 160% in the price of iron ore since 2004. The potential reserves in Tibet could help with that. They include 1 billion tons of rich iron ore, 40 million tons of copper and 40 million tons of lead. "Just going by the reports I've seen and accepting them at face value, the size of these finds is enormous," says Alan Heap, Citigroup's managing director for global commodity analysis. "For copper, zinc and lead these reserves would double the size of Chinese...
...Dharamsala argue that average Tibetans are unlikely to benefit. "Development projects must ensure the real benefits go to the Tibetan people themselves and not undermine Tibet's fragile ecology," says Thubten Samphel, a spokesman for the exiled Tibetan government. "We have the same concerns with these discoveries of iron, copper, lead and zinc." But for Beijing, feeding China's hungry economy is clearly worry number...