Word: ironization
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Dates: during 2000-2009
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...Night: Jamie Foxx as the musician, Robert Downey, Jr., as the newspaperman. But The Soloist was pulled from a late-year release, to be dumped in the no-man's-land of late April. And though the film nabbed respectful reviews, audiences were quick to realize it was neither Iron Man nor Ray. Directed by Joe Wright, who did the posh Brit drama Atonement, the new film looks unlikely to match Atonement's $51 million domestic take, let alone the $78 million it made abroad...
Eighteen months ago, when the world was awash in asset bubbles, there was perhaps no market more overheated than commodities. Prices of everything from iron ore to palm oil to corn reached dizzying heights. Crude oil nearly quintupled in five years; rice tripled in only five months. World Bank President Robert Zoellick called rising food and oil prices a "man-made catastrophe" that had the potential to quickly erase years of progress in overcoming poverty. Protests and riots over high prices for necessities erupted across the developing world. Pundits dusted off Malthusian theories that the planet was physically unable...
Since new oilfields and copper mines take years to get into full production, lower investment today causes tighter supply down the road. At the same time, there is every reason to believe that emerging markets such as China and India will continue to be ever more voracious consumers of iron ore, oil and food as their economies get bigger and their citizens richer. Palm oil prices, for example, have been rising of late partly because demand from India, with its population of 1 billion, is holding up. In March, China imported a record amount of iron ore and coal, while...
...steel mills are cutting back on production, China seems to be expanding. Luxemburg-based ArcelorMittal, the world's biggest steelmaker, is slashing output by half, for instance. Yet state-supported Chinese steel companies are actually ramping up both capacity and output, according to Chinese government figures. The China Iron and Steel Association says that the production of crude steel has risen since December, from 1.2 million tons a day to 1.4 million. (China's annual excess production capacity is already about 100 million tons, more than the annual U.S. steel output...
...Harvard’s Hoffman Laboratory, Pearson and her colleagues discovered that these anaerobic microorganisms survive on iron that leaks out from the bedrock with the help of a sulfur catalyst. The microbes have adapted to the hostile subglacial environment by developing a new life cycle in which they breathe iron through sulfur...