Word: copper
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Until these apps are developed, there are few features on the site that are useful to we laypeople. Sure, you can pinpoint the location of every copper smelter in the world. But who knows when that may come in handy? See TIME's pictures of the week...
...over the past several months, the prices of oil, copper, palm oil and others have rallied. This shouldn't be happening given the parlous state of the world economy. The International Monetary Fund in April cut its global growth forecast for 2009, predicting GDP would contract by 1.3%, the most severe recession since the 1930s. Yet oil is some 60% more expensive now than in December. Palm oil, which is used in a wide variety of manufactured foods, has surged more than 50% this year. "The only area of the world economy I know of where the fundamentals are improving...
...Since new oilfields and copper mines take years to get into full production, lower investment today causes tighter supply down the road. At the same time, there is every reason to believe that emerging markets such as China and India will continue to be 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...
...rambling network of rooms at The Railway House (23 Main Road, tel: (27-21) 788 4761) is a fitting showcase for the antique trove contained therein: in the pink room, you can find a fully operational '60s pinball machine, while the African room offers up a hand-beaten copper bath...
...copper and steel statue - formally named Liberty Enlightening the World - has been a fixture of New York City and a symbol for the nation since its dedication by President Grover Cleveland in October 1886. The 225-ton monument arrived a year earlier in 214 crates as a gift from France. Including her pedestal and foundation, Lady Liberty reaches 305 feet; her index finger measures eight feet long, tipped by a 13-inch fingernail. Designed by French sculptor Frederic-Auguste Bartholdi to celebrate the centennial of the Declaration of Independence, the statue's $250,000 tab was covered via donations...