Word: sales
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...Metals analysts in London say rival giant BHP Billiton, which dropped a takeover bid for Rio last year as metals prices collapsed, is now poking around to see if other Rio assets may be for sale. In effect, the Chinalco deal has placed a value on some of the company's most attractive mines, including a Chilean copper mine that BHP already owns a piece...
...drive the price beyond their reach. "The era when musicians could afford their own Strad is coming to an end," Ehnes says. The concert violinist Cho-Liang Lin says the Stradivarius he bought for $300,000 25 years ago is probably worth $3 million now. He points to the sale of recently deceased cellist Mstislav Rostropovich's Duport Stradivarius, which trade publications recently put at $20 million. "There's no way even a highly successful young musician could afford that," he says...
Good quality samogon, however, is unlikely to do anything for Russia's epidemic of alcoholism. Says Poluetkov, "If people want to drink window cleaner and aftershave, and sniff glue, nothing will stop them. Because window cleaner, aftershave and glue will always be on sale. An addiction is a psychological problem, not just a financial...
...regularly buy high quality alcohol. But in the regions this will be a big problem." He explains, "In rural Russia 100 rubles for a bottle of vodka is expensive, and they will drink something else, what I don't know." According to Drobiz 45% of the vodka on sale is contraband and retails below 50 rubles ($1.50) for half a liter. "I hope that for their sake villages will resort to making samogon, because at least people will know what they are drinking...
...Soto cites Fairey’s generosity to charities as being among the factors that save him from the same degree of condemnation with which other more avaricious artists have met. The sale of limited edition posters on his website for as little as $20, despite the fact that he could easily inflate prices to match going rates of his work on ebay, is another sign that he has made an effort not to lose touch with his roots...