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ZH I think you missed this one
Prince Andrew, the Queen's second son, is friends with a convicted sex offender, was photographed with a teenage prostitute, and has been accused of ties to Muammar Gaddafi's Libyan regime. The Duke of York also hosted the son of the Tunisian dictator Zine El Abidine Ben Ali
Not news till he has been seen partying with Charlie Sheen or Lindsay Lohan.
SEC says market data review to come, but not yet"
That says it all right there....
That says it all right there....
inflation will also come officially, but not yet.
March and April are the most important period for the winter wheat in China. If China starts to import wheat from abroad in large quantities, the wheat price will triple in a month.
The real scary part will be june/july when the dry seasons might hit Russia again and cause another shortage of wheat.
+64 million people since last year expect to get their meal to this year.
No. In fact China is the biggest wheat producer in the world by producing 114 million tonnes a year. Russia only produces 41 million according to the USDA estimate
China has been suffering a severe drought since last year. In February, it rained in the main producing areas for 3 times but I don't think that's enough to undo the damage. March and April will the decisive months.
China is mainly self-sufficient in wheat. But if it starts to import, you will see the wheat price go to the Great Andromeda Nebula
"..and kicks Spain in the teeth"
I think the Irish situation is going to deteriorate rapidly once the people understand they voted in status quo syndicate types. More volatility across the board, and a kicking in the Teeth for all the PIIGS to teach a lesson or 5...
Futures up as sweet crude exceeds 106.50. Makes perfect sense.
In 14 minutes (9:00-9:14) on the CRIMEx, crude dropped $1.14
Regulators can't be bothered as they count their hush money.
"China to stimulate imports from the United States"
If and when the dollars collapse is about to become terminal, a statement like this will mean that they are dumping dollars while they still have value! Lets get what we can for this paper.
RE: China to import more stuff from US an EU...
"The delegations will buy goods, especially energy-saving and environmentally friendly products, with the aim of balancing trade between China and those regions."
There are a few items that China has neglected to reverse engineer and now they will remedy that...
"Maintaining balanced trade is now an urgent task for China. We will not only organize more trade delegations this year, but also increase efforts to hold more import-themed forums and exhibitions," said Wan.
China has all the US/EU/Japanese paper that they want or need...they prefer real good to pretty paper.
"China expects to show its willingness to reduce its trade surplus with developed nations through more frequent trade delegations. And the trade contracts could also be of some help to the economic recovery of the US and the EU," said Zhou Shijian, senior trade expert with Tsinghua University.
China wants to use it's pretty paper from the US/EU and Japan to purchase those areas of the world lock, stock and barrel... The trade delegations are to determine what is worth buying...
"In February 2009, a trade delegation led by the minister of commerce flew to European nations - including Germany, Switzerland and Spain - and purchased technologies and goods worth $15 billion. Three months later, China's delegation to the US agreed to spend $16.3 billion on 60 trade contracts."
The EU and US spend more than that in a day... What happens the other 364 days?
"But "the impact (of the trade delegations) on promoting imports may be limited", he [Wan] conceded.
Why not skip all the blather and cut to this last sentence?
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Spain civilians rediscovers the Peseta again!Google translated:http://translate.google.com/translate?js=n&prev=_t&hl=en&ie=UTF-8&layout...
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