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...country's exports (about 7.4 million bbl. a day) outstripped those from Saudi Arabia, which has the world's biggest oil reserves. Saudi Arabia cut its production last year in order to prop up world oil prices and is easily the bigger potential oil producer. But oil analysts say that by ignoring OPEC's calls for production cuts, Russia has shown OPEC how little power it wields over non-OPEC producers. Although Russian officials told an OPEC summit last December that they too would cut production, the country "has repeatedly failed to do so, and the Russian government has done...
Options are not like other insurance policies - say health insurance. Stocks tend to move together, whereas one person's health tends to vary independent of the nation's health. Risk to health-insurance companies decreases as the number of policies increases; risk compounds for options writers as their volume increases. Those writing put options have secured small gains for now, but they will suffer multiplied losses across the board should the market tank...
...Slow Money differs from traditional socially responsible investing in that the partnerships are deeper, as the Alliance works to build not just a firm's profitability but also supportive structures. For example, rather than just lending money for, say, a farmer's barn, they would look at the farmer's other infrastructure needs, such as storage, retail outlets, transport to markets, etc. Also, inherent to the model is the notion that part of the "return" is the social and environmental benefit a company represents...
...beyond the government's fiscal assistance, Vilsack maintains that the media still hold the greatest sway over potential U.S. pork consumers. "People hear the President or some other official say once or twice that pork is safe," Vilsack said, "and then they hear the term swine flu on TV and the Internet 50 times in a single day." The blame-the-media fallback is surely overstated, but for pork farmers trying to move the merch, less swine and more H1N1 in headlines will nonetheless be welcome...
...parenthetically each time that what he means is “I”). But the work is so moving not because of these eccentricities but rather because of the artfulness with which Hoffmann articulates the smallest events. “Stairwells make us weep,” he says, “And small kitchens. Sometimes you see a fork and you just want to die. There is no limit to the beauty of things.” What might seem overblown out of context is actually the ardent crescendo at the end of a string of meditations...