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...herb - a cozy klatch of believers with a strong "us vs. them" perception of the world. Fairly logical, not too rigorous scientifically, very empathetic. Does turmeric really work? Or am I just resonating with Jerry? With a lot more respect for the question, and for turmeric takers, I will let you know when I figure...
...Nevertheless, the specter of a communist country of 1.3 billion people can spook even close economic partners. In the eyes of some Australians, it is one thing to sell what lies underground to China, but rather another to let Chinese companies own Australian resources themselves. Twice this year, Chinese state-owned enterprises have snapped up major Australian mining stakes. But the biggest deal didn't go through. The state-owned Aluminum Corp. of China, better known as Chinalco, was supposed to take a $19.5 billion stake in Australian-British Rio Tinto, which controls, among other mines, vast iron-ore deposits...
...these are two powers which both straddle a continent, and which both have worldwide interests. Between them, let's not forget, they own enough firepower to blow us all to kingdom come. The Cold War may have ended nearly 20 years ago, but the way the U.S. and Russia deal with each other still matters. (See pictures of Russia celebrating Victory...
...While speculators affect the market in both directions, commercial participants tend to put upward pressure on prices. If airlines fully hedged themselves in the futures market, the price of oil would jump enormously. The futures market cannot support hedging for energy, let alone for other things; for example, investors might buy oil to hedge against losses in other investments, like stocks. With speculators out of the market, an airline's hedge would have an even bigger impact, further raising the global price...
Terrorism and the illicit drug trade have flourished in Afghanistan because the lack of a functioning economy has let warlords fill the vacuum. That needs to change. The U.S. recently announced, for example, that it is shifting its antipoppy efforts from destroying the opium-producing flowers to encouraging different crops. But that's quite a challenge: poppies are easy to grow and net four times as much money per acre as wheat. So farmers will need new cash crops to replace the poppies and newly built roads to get such goods to market without paying bribes along...