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...touted by European leaders like British Prime Minister Tony Blair. His ultimate goal is to improve the lives of the poor as well as the rich - something the free-market reforms that swept Latin America in the 1990s failed to do - and he's betting that fiscal responsibility will yield more wherewithal to fund a Brazilian "New Deal" that includes everything from hunger eradication to land titles for squatters. This mix of ideologies is also evident in Lula's cabinet. The President himself is a high school dropout, former metalworker and labor union leader, but his handpicked Central Bank president...
...months, and the rapidly growing Asia Satellite Telecommunications Holdings (down 34%), which sells satellite time for broadcasting and telecom use. Shares of both trade as ADRs on the New York Stock Exchange and have P/Es under 10. Sinopec, Perkins notes, is a healthy blue chip with a dividend yield north...
Pick up a chunk of uranium ore (a low-yield variety, please, and don't hold it for long), and you will be surprised by its weight. Uranium is denser than lead. McArthur River ore is a glossy black that gleams like marble. It's easy to imagine the radioactive energy stored in this rock. Whatever your environmental stance, at McArthur River you can sense the elemental power of uranium, a clean-burning source of seemingly limitless electricity. And you can understand former Cameco CEO Bernard Michel's assessment: "The world is seeing a fresh start for nuclear power...
...high-powered Air Force telescope as Columbia soared over New Mexico. It had been widely reported that damage to the left wing was visible in the picture, but the resolution turned out to be too poor to reveal anything conclusive. The agency was hopeful that the videotapes might yield more, but skeptics cautioned that even during routine re-entries, bursts of plasma can mimic the appearance of debris...
Here's my concern: though a reverse mortgage can be a good financial move under the right circumstances, it can also be an unnecessary straitjacket. Many seniors, hurt by falling yield payouts from their retirement accounts, are casting about for ways to maintain their standard of living. At the same time, lenders are marketing reverse mortgages more aggressively--all in all, a recipe for trouble. So here's what you (or your parents) need to know...