Word: ores
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...brains and decreasing the time for processing information, and our brains are going to revolt. That, in turn, will lead to the next big industry: de-twitterification rooms where you can sit alone and unconnected, with nothing but a giant aquarium and a beanbag. Marty Decker, BEND, ORE...
...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 in Australia. The bid sparked a huge controversy in Australia, with the political opposition running TV ads skewering any proposed deal. In June Rio Tinto's shareholders backed out, arguing that the company's recovering stock price allowed them to consider other offers. In the end Australian-British mining...
...Tensions have also been exacerbated by the economy's increasing dependence on Asian markets. The long economic boom came courtesy of Asian - read Chinese - demand for Australian commodities such as iron ore, coal and bauxite. In large measure, Australians understand the benefit of this regional trade. "The Australian people are enormously practical about the reality of China," says Rudd. "That hundreds of thousands of Australian jobs, directly or indirectly, depend on Chinese trade is something Australians...
...says, "or you can ball up a few ideas, some of which have some prospects." It's not a bad blueprint for any nation navigating a place in this globalized world. Makes you wonder whether Australia couldn't export that having-a-go spirit along with its iron ore, coal and gas. The world might be better...
...basic services, and economic revitalization. A U.N. peacekeeping force and an embargo on arms are keeping conflict at bay. Schools and hospitals have reopened. Tax receipts are up. Bureaucracy is down. U.N. sanctions on diamond and timber exports have been lifted. Liberia is attracting foreign investment in iron ore, timber, palm oil and construction. Though steel giant Arcelor Mittal recently mothballed a $1.5 billion project to reopen an iron-ore mine and rebuild a railway in the eastern interior, Liberia has signed a deal with Sime Darby of Malaysia for an $800 million, 20-year concession...