Word: oiled
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...Pepsi, the good news is that the commodity cycle eventually turns in your favor, and this time it is happening in a hurry. Corn prices were down more than 50% by November from their summer peak. Aluminum prices were down 20%, which makes can stock cheaper, and oil costs have fallen a third. That will help make international expansion less costly...
...should bolster the global economy, was washed away amid more company-specific concerns like the fate of G.M. It almost feels as though investors are once again paying attention to the underlying value of individual stocks, and aren't simply being swayed by broader economic news: bailouts, oil prices, hedge-fund liquidation, data pointing to recession, a particular presidential election. (Find out 10 things to do with your money...
...intimate gathering in Winthrop House’s Tonkens Room yesterday. Abimbola serves as the managing partner of Shoreline Energy International, a leading African holding company currently valued at over $120 million. The group aims to build infrastructure in sub-Saharan Africa through the acquisition of construction, oil, gas, and power companies. With years of experience in international business, Abimbola attested to a recent change in the prospects for African development. While the continent had previously been plagued by political strife and corruption, he said, many African governments have taken steps towards reform. Due to greater political stability, young entrepreneurs...
...first step, says Bednarz, is to recognize medicine's dependence on oil. Then "human ingenuity and creativity will kick in and we'll get actual solutions for moving medicine beyond oil...
...that got Ahmadinejad elected in 2005 on a populist chicken-in-every-pot platform, so could the failing economy prove his undoing. Many of Iran's glaring economic deficiencies (including inflation, youth unemployment and, ironically, fuel scarcity) were cushioned during Ahmadinejad's tenure by soaring petroleum prices. Falling world oil prices will spur a crisis in Iran that will make international sanctions more painful...