Word: imports
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Translation: Because natural-gas prices are going up--and are going to stay up--it's now time to bring in more expensive LNG from the Caribbean, the Middle East, Africa and possibly Russia. To import natural gas, it must be chilled to minus 260F, which converts it to a liquid and reduces its volume. An amount that would normally fill a beach ball can fit inside a Ping-Pong ball. When the liquid arrives at terminals in the U.S., it is slowly warmed up, returned to a vapor form and sent through pipelines...
...agricultural policy not only fails to decouple all subsidies, but also fails to acknowledge the existence of a potentially more pernicious policy: tariffs. Both the EU and the U.S. impose suffocating import tariffs, often well above 100 percent of the commodity’s value, to block cheaply produced African goods from the lucrative western markets. The Institute of Economic Affairs, a British think tank, estimates that EU agricultural subsidies have reduced African exports of milk products by 90 percent, livestock by almost 70 percent and non-grain crops by 50 percent. Without European tariffs, the Food Policy Research Institute...
...been skillfully detailed by John Judis and Spencer Ackerman in “The First Casualty,” which is available online from The New Republic. The most flagrant case of the two governments knowingly using falsified intelligence is forged documents that alleged Iraq had been trying to import uranium from Niger...
...larger issue, however, is not whether Ben flew the kite, which most scholars agree he did, but how significant his Philadelphia experiment was. In fact, many of his scientific breakthroughs were of great import--and he had a selfless urge to share his new knowledge. When Franklin caught the electricity bug in his 40s, "electrick fire" was a playful if puzzling entertainment. His experiments led him to startlingly modern conclusions. The "fire," he said, is a single "fluid," not the dual "vitreous" and "resinous" electricities postulated by European savants. It exists in two states: plus and minus (terms he coined...
...Zhang Baoxiang Serving a life sentence for fabricating $23.3 million in tax rebates as general manager at a state-owned cashmere import-export company. The government fined the firm $58 million