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...generally don't use oil for electricity. Most electric-power plants run on coal or natural gas, another fossil fuel that will eventually peak, although later than oil will. Building more terminals to receive liquefied natural gas, as Bush has suggested, simply makes it easier for us to import more natural...
Committee Democrats have investigated another charge that Bolton tried to have a State Department lawyer who disagreed with him removed from a case in October. The dispute involved a request by a Louisiana-based company for a waiver to import goods from a Chinese company on which the U.S. had recently imposed sanctions. Sources familiar with the incident tell TIME that Bolton, who opposed the waiver, became angry when he learned that the State Department's legal division supported it. He went to William Taft, the department's top lawyer, to demand that Taft's subordinate be taken...
...Kung Fu Hustle,” an award-winning action-comedy import from Hong Kong, helped me get over that fear by teaching me a simple lesson. You’ve got to approach these movies the same way you approach a mission to rifle through some chick’s lingerie: by conjuring up your inner 9-year...
...producers. It assigned production quotas to members and then bought up surplus tin whenever international prices fell below a certain level. The surplus metal was then gradually sold off during times of greater demand, when prices were higher. The cartel does not include all nations that mine or import tin. The U.S., the world's largest tin importer, has not been a member since 1982. Nonetheless, the organization for years was able to influence the world price for the metal...
...response to the pressures being generated by China. Union leaders fear more job losses, saying the country will simply become a quarry and that pay and conditions will be cut in a "race to the bottom" with low-wage countries. Many firms that once thought themselves immune to import pressure are feeling China's productive muscle. "We have a two-China approach - the China we sell to, and the China we buy from," says Richard Leupen, managing director of the United Group, whose Newcastle-based Goninan company makes rail cars: soaring demand in the resources sector prompted Goninan to start...