Finance & Economics
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Rare earth materials: An elemental challengefor China and the worldThough rare earth elements are not, geologically speaking, all that rare, they are still largely unknown to the general public. That, however, could be about to change. The likes of lanthanum and holmium could soon be names as familiar to us as gold and oil. The explanation is scarcity. Global ...
Giorgio Bertini
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7 hours ago
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Concern as China clamps down on rare earth exportsBritain and other Western countries risk running out of supplies of certain highly sought-after rare metals that are vital to a host of green technologies, amid growing evidence that China, which has a monopoly on global production, is set to choke off exports of valuable compounds. Failure to ...
Giorgio Bertini
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7 hours ago
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The world in 2010: China continues its unstoppable economic chargeChina and six other South-east Asian countries yesterday toasted the inauguration of the biggest free trade area in the world, when the Association of South East Asian Nations, or Asean-6, was formally launched. Covering nearly 2 billion people in Brunei, Indonesia, Malaysia, Philippines, ...
Giorgio Bertini
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8 hours ago
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Asia’s free-trade zone raises hopes, some fearsWhen the clock struck midnight on New Year’s Eve, China and 10 Southeast Asian nations ushered in the world’s third-largest free-trade area. While many industries are eager for tariffs to fall on everything from textiles and rubber to vegetable oils and steel, a few are nervously waiting to ...
Giorgio Bertini
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9 hours ago
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China economy to grow 9.5% in 2010China's economy is likely to grow 9.5 percent in 2010, topping last year's expected figure, as real estate investment buoys growth and inflation remains mild, a leading state thinktank said in a report published on Friday
Giorgio Bertini
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9 hours ago
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A wealthier India and China - good for world's innovatorst may not feel that way right now, but the past 10 years may go down in world history as a big success. That idea may be hard to accept in the Competitive economies of the world More on Financial crisis Trade-friendly economies US. After all, it was the decade of 9/11, the wars in Iraq and ...
Giorgio Bertini
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9 hours ago
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AIG executive resigns over pay limits - Yahoo! NewsA top executive at American International Group Inc has resigned because of pay curbs imposed by the Obama Administration's pay czar, the insurer said on Wednesday. Anastasia Kelly, AIG's vice chairman for legal, human resources, corporate affairs and corporate communications, resigned ...
JDP
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2 days ago
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FAA and taxpayers prop up small, little-used airports - USATODAY.comBusiness-owned airports used exclusively for private planes have gotten $240 million for upgrades, a USA TODAY analysis shows. The money has aided about 50 privately owned airports — many of them little-used — since the mid-1980s, buying items such as runway upgrades, new fences and airplane hangars....
JDP
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2 days ago
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Judge not lest ye be judged? Researchers explore 'moral hypocrisy' in powerful people2009 may well be remembered for its scandal-ridden headlines, from admissions of extramarital affairs by governors and senators, to corporate executives flying private jets while cutting employee benefits, and most recently, to a mysterious early morning car crash in Florida. The past year has ...
JDP
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3 days ago
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Tiger Woods' Affairs Cost Billions in Stock Market | LiveScienceTiger Woods' extramarital affairs could cost you if you hold stock in a company he sponsors or a mutual fund that holds stock in those companies. A new study — not yet published in a journal — finds the market value lost to companies that had the golfer as a sponsor is already as high as $12 billion. ...
JDP
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3 days ago