Word: tradings
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...economic concern for the summer is oil prices. OPEC has not been clear about what it will do with supply. The Saudi's have spoken out for keeping it unchanged and because of the size of their output they usually rule the day. Speculators still seem prepared to trade crude above $60 on most days. A fair number of analysts see oil moving to $70 or $75 by Labor Day. The cost of a barrel of crude will move up if there is strong evidence that the demand in China is growing. Ironically if there are signs of a sharply...
...What those decisions offer is a portrait of a moderately liberal jurist, one who may disappoint activists on the left who were hoping that Obama would choose a two-fisted progressive to trade punches with Justice Antonin Scalia, who anchors the conservative end of the court. On Thursday, when he met her for the first time, Obama, a former law professor, engaged Sotomayor, who rose to the federal appeals court in 1998, in a lengthy discussion about the court and the Constitution. Earlier Tuesday, a senior adviser to the President told TIME, "What the President told us afterward was that...
...have an effect that goes beyond their electoral strengths," says Jayati Ghosh, a professor of economics at Delhi's Jawaharlal Nehru University and a prominent left-wing columnist. But the country's focus now is more on the effect of the Communists' absence. Unshackled from leftist dogmas against free trade and deregulation, Singh's new government is expected to push through significant liberalizing measures, including reforms of public sectors such as banking, health and education, and an overhaul of India's bloated state bureaucracies...
...None of that offered much hope for change. North Korea is already the world's most isolated country. The only thing that would meaningfully "deepen" that isolation would be for China to shut down trade entirely across its border - something Beijing has never given any indication that it's prepared to do. The idea that Kim Jong Il's regime even cares if the nation's isolation "deepens" is dubious at best. As for the U.N., it met in emergency session just after the long-range missile launch in April and gently tightened sanctions that were already having no demonstrable...
...problem is when it comes to coca and cocaine, it's not just a health concern, but a legal one. Since 1961, trade of coca outside the Andean region - where people have chewed or brewed coca in tea to stave off hunger and exhaustion for centuries - has been prohibited unless the cocaine alkaloid is removed. Few companies in the world have authorization to trade in the leaf and most are pharmaceutical companies that perform this decocainizing process. The most prominent is New Jersey-based Stepan Chemical Company which has been reported to supply Coca-Cola with its narcotic-free derivative...