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"Luck is not chance, it’s toil; fortune’s expensive smile is earned.”

Tuesday, April 08, 2008

News You Can Use for Tuesday


See if you can spot the trend here ...

Rice Rises to Record; Philippines Buys 1 Million Tons, Exporters Cut Sales Rice climbed to a record for a fourth day as the Philippines, the biggest importer, announced plans to buy 1 million tons and some of the world's largest exporters cut sales to ensure they can feed their own people.

Pakistan Wheat Output May Miss Target, Supporting Global Rally in Prices Pakistan's wheat crop, Asia's third biggest, may be 2 million tons less than forecast, supporting a global rally in prices that threatens food security.

Chicago Wheat Rises as U.S. Winter Crop in Worse Condition Than Year Ago Wheat futures in Chicago rallied after a government report showed the U.S. winter-wheat crop was in worse condition than a year earlier following drought in the southern Great Plains and excessive rain in the eastern Midwest.


Bush Regulatory Overhaul Bid for SEC Condemned by Donaldson, Levitt, Ruder Three former leaders of the U.S. Securities and Exchange Commission say the Bush administration's proposed overhaul of financial regulation threatens to weaken the agency, a process that may already be under way with help from the SEC itself.

Alan Greenspan pulls another forecast out of a hat ...

Greenspan Says U.S. Home Prices May Stop Falling `Well Before' Early 2009 Former Federal Reserve Chairman Alan Greenspan said the drop in U.S. home prices will probably end ``well before'' early next year as the number of houses on the market diminishes, aiding an economic rebound.

... then again, who knows, monkeys may fly out of his ass. Really, the man has no clue and no sense of guilt. Why is anyone listening to him?


Jinshan Plans to Increase Gold Output 45 Percent, Executive Says Jinshan Gold Mines Inc., a Canadian mining company operating in China, plans to invest $50 million in the next 12 months to expand annual output of the precious metal by 45 percent, an executive said.

China's Car Sales Rise 24% on New Models From Volkswagen, Other Automakers China's March passenger car sales rose 24 percent, the fastest pace in seven months, after automakers including Volkswagen AG added new models to boost sales in the world's second-biggest vehicle market.

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