Word: marketeers
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...place by central banks worldwide are creating potentially destabilizing increases in property and stock prices. "Asset bubbles could be the next fragility as the world recovers, threatening again to destroy livelihoods and trap millions more in poverty," World Bank President Robert Zoellick recently wrote in the Financial Times. Property-market analyst Nicole Wong at brokerage CLSA argues that Hong Kong may inevitably be heading for "another boom and bust" in its real estate sector, due to a combination of tight supply and easy money. "The answer to the question could there be a property bubble in Hong Kong...
...West has other problems to contend with, too. At the October investment conference in Ashgabat, several businessmen said a major obstacle was the fact the Turkmen have little time for Western values of democracy and free-market economics. Berdymukhamedov's regime is one of the most dictatorial in the world, keeping tight reins on the media and political opposition and allowing only the barest beginnings of private enterprise. "The reaction to our proposals is always, 'Thanks but no thanks,'" says one Western diplomat, who requested anonymity for fear of hurting his operations in the country. "It comes down to trust...
...Corporate America is getting into the animal-based biofuel market as well, thanks to U.S. government subsidies. Like Europe, the U.S. has a law that bans dumping raw meat into landfills. In July 2007, energy company, ConocoPhillips teamed up with meat giant Tyson to make biofuel from chicken and pork fats that would otherwise have been added into makeup, pet foods or soaps. Although biofuel produced from animal fat is better suited to fueling industrial boilers than cars, Tyson and ConocoPhillips have come up with a fuel for the "on-road" market. (Read: "Tallying Biofuels' Real Environmental Cost...
Once available only to big corporations, off-site automatic backup is starting to catch on with consumers. According to the market-research firm Mintel, 36% of North American computer users surveyed expressed interest in online backup, which, by the way, can only be used by people with high-speed connections...
...corporate governance that would try to impose checks on risk-taking CEOs and their weak boards. And Rhode Island's Jack Reed and New Hampshire's Judd Gregg have the thorny issue of regulating the complex derivatives trades that some blame for excessive leveraging that helped precipitate the market collapse...