Word: ores
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Dates: during 2000-2009
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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...
...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 imports...
What's the story behind "Love Story"? Madison Parker PORTLAND, ORE...
...legal question is a narrow one, but the case raises larger, more troublesome issues about student safety and the quality of educational services that families should expect when they place their children in private residential care, because the school involved in the case, Mount Bachelor Academy, near Prineville, Ore., is under state investigation for allegations of abuse reported by students and one employee. (See pictures of being 13 in America...
...latest lightning rod for anti-Chinese sentiment is Hanoi's plan to allow subsidiaries of the Aluminum Corporation of China (Chinalco) to mine bauxite ore in Vietnam's Central Highlands. Bauxite is a key ingredient in aluminum, which China needs to fuel its construction industry. Vietnam has an estimated eight billion tons of high-quality bauxite, the third-largest reserves in the world. The environmental cost of extracting the mineral, however, can be high. Strip mining is efficient, but scars the land and bauxite processing releases a toxic red sludge that can seep into water supplies if not adequately contained...