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Swine flu, recently renamed H1N1 virus, is causing a swoon in pork prices. The Lean Hogs futures contract, traded on the Chicago Mercantile Exchange (CME), is down more than 10% since news of the potentially imminent pandemic first broke. The CME's Frozen Pork Bellies futures contract has suffered comparable...
One of the key factors making technicians ebullient is that the number of stocks going up recently far outnumbers the number of stocks sinking. Last week, for instance, nearly 2,165 New York Stock Exchange traded stocks rose, while only 1,009 fell. Market technicians say that is good sign...
Numerous Lebanese are facing a difficult choice in the upcoming parliamentary elections, scheduled to take place on June 7. According to the New York Times, donors from across the globe are pumping hundreds of millions of dollars into Lebanon in order to impact the elections. The Saudi Arabian government is...
Current President Martin Torrijos - the son of the late Panamanian strongman Brigadier General Omar Torrijos, who got the U.S. in 1977 to sign the treaty that eventually gave the canal to Panama - has pushed through some anticorruption reforms. But scandals have persisted. Herrera's campaign had to fight allegations that...
The sense of urgency is most pronounced in the developing world, where a job in tourism can mean the difference between poverty and prosperity. In Kenya, a single employee at a hotel or restaurant supports four other people with their salary, according to Gerson Misumi, managing director of Tamarind Management...