Word: coppers
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...five years have seen the best growth run in memory, and so far signs of slowdown outside the U.S. and Europe are few. India and China are posting astonishing growth numbers, while economies of countries from Africa to Latin America that export raw materials, like oil from Nigeria and copper from Chile, have benefited from high commodity prices - themselves a function of the Asian giants' performance. "The economic bleakness in the West I don't think is matched by economic bleakness in the East," says Kamal Nath, India's Minister of Commerce and Industry. There's so much growth momentum...
...highest per capita, and is expected to grow more than 5% this year with little inflation (though recent labor and student protests indicate Chileans want a larger slice of that wealth). Its size precludes large-scale manufacturing, so it heavily promotes value-added industries for its myriad commodities, like copper and timber. Compañía Sud Americana de Vapores, Latin America's largest maritime-transport concern, reflects how Chile has turned itself from a hemispheric outpost into a bridge to the Pacific Basin...
...middle class is a top priority for India's teahouses. The Tea Board of India won "geographical indication" status from the World Trade Organization for Darjeeling tea last year and is pursuing similar recognition for Assam tea, prized for full-bodied blends like English breakfast, and for the aromatic, copper-colored Nilgiri tea from southern India. Tea producers are experimenting with delicate white teas, which are less processed and contain more antioxidants than black teas, and oolongs, which fall midway between green and black teas. Darjeeling is also leading a move toward organic farming, with a third of its estates...
...COPPER $3.67 per lb., up from $1.94 two years ago. It's so valuable that 16 states have passed or proposed laws aimed at curbing copper theft...
...soldiers joked. Still, nearly a week has passed without violence in Haswah. Meanwhile, the detainees remain in custody and tips from the community keep pouring in in the wake of the recent bust. On Wednesday, U.S. troops in the area were led to a cache of more than 100 copper disks, the deadly projectile component of EFPs. Military officials say it was one of the largest EFP caches found in more than a year and another big dent in the local network of Shi'ite militants bent on planting them. In a region where troops say they often take...