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That sort of analysis, however, hardly accounts for all the factors that move the markets. One of the main forces behind the mass sell-offs in October, for instance, was hedge funds being forced to sell their holdings as they deleveraged, scrambling to raise cash to pay investors who wanted their money back. Those sorts of mechanical forces will surely play a role in the market going forward...
...very long line of energy priorities that will need to be addressed over the coming decades, as the IEA's report makes clear. Take oil consumption, which the IEA predicts will rise from 86 million barrels a day to 106 million barrels by 2030 (one of the main reasons why the days of triple-digit oil prices will return soon enough). Production at many top oilfields is declining slowly, but that drop-off will accelerate over time. Just to make up for that decline, we'll need to add 45 million barrels a day of capacity by 2030 - roughly four...
...cocaine and the smuggling of Yanqui guns to Mexican drug gangs. "The truth is, Mexico would not be at the center of cartel activity, or be experiencing this level of violence," Garza said in San Antonio, "were the U.S. not the largest consumer of illicit drugs and the main supplier of weapons to cartels...
...reality, Aubry, 58, is less the dour, doctrinaire Socialist she's positioned herself to be in contrast to the relaxed pragmatism and image-driven reputation for modernity and change characteristic of Royal. Still, even if Aubry's main differences with Royal, 55, are largely about style rather than political orientation or objective, she's proven to be just as polarizing as her rival. That means the tight result will find Aubry trying to lead just as many PS members who love her as those who hate her with a passion...
...called Middle Path of negotiating for genuine autonomy while remaining part of China. Talking about independence can be taken as an implicit criticism of the Dalai Lama and thus considered taboo among many Tibetans, but this week's talks have brought those views into the mainstream. Leaders of the main pro-independence activist groups were invited to be among the 550 delegates, and their opinions will be incorporated into its final report. "Overall it was a very frank discussion," says Tenzin Choeying, president of Students for a Free Tibet...