Word: irone
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This is just too sad. A deer died yesterday after trying to jump over the wrought-iron fence around the cemetery between the Square and the Quad, according to the Cambridge Chronicle, which offers up the following quote from Cambridge Deputy Fire Chief Jack Gelinas...
...Australia for what would have been China's largest foreign investment ever: a proposed $19.5 billion stake in Rio Tinto, the world's second largest mining company. The deal would have given Chinalco roughly an 18% stake in Rio, as well as outright control of some valuable copper and iron ore mines. Xiong travelled to Australia in March and made television appearances to plead his case. He pressed the flesh with politicians in Canberra who were both for and against the deal...
...minerals prices have rebounded - in part (and ironically) because of a huge government spending binge in China that has had companies here frantically restocking their supplies of copper, iron ore and other commodities used in industrial production. "The biggest driver of discontent [with the Chinalco deal] among Rio shareholders," says Grant Craighead, managing director of Australia-based independent research group Stock Resource, "was that the deal was being struck close to the low point in the current financial crisis. Over recent months the market decided that the worst of the crisis was over, and life's likely to get better...
...private sector company in the west had proposed buying a minority stake in Rio Tinto, would the Australian review process have taken as long? Or it would it have been waived through much more quickly - before commodity prices recovered? Now, far from gaining access to a giant iron ore reserves, Chinalco has to watch the two biggest producers in the world - BHP and Rio - do a joint venture with their reserves in the famed Pilbara region of western Australia. It's no wonder that the executive director of China's iron and steel institute was warning about a possible "monopoly...
...Iran's inflation rate to 25% with his "alms" policies. "They blame us for distributing potatoes," Ahmadinejad said from the stage. "I say you insult our people. They came to get potatoes, but what did they get to say, 'Death to America'?" The crowd roared in approval, and the iron railing in the front row bowed as people strained to get ever closer to their President. "The people of Iran will never accept imperialism...