Posts Tagged United States
Market Intervention Follies…continued
Here at BOZONGO…we are not gloating over the news that oil prices dropped after OPEC announced production cuts. As this article from www. timesonline.co.uk proclaims, the market intervention/manipulation by OPEC could not keep prices from falling, nor will they in the future. OPEC member and other producers will maintain oil flows in an attempt to [...]
The Wild West Goes East
This article from www.novinite.com made me smile. The Bison-or Buffalo as it is often called in the United States-is not only a symbol of the Wild West and Native American culture, but also a 21st century “phoenix” for health conscious consumers. Rising from near extinction, bison are now being raised commercially in ever increasing numbers [...]
No Auto Bailouts in Emerging Markets
It is no news that the Global Economic Crisis has had a huge effect on car sales in both mature and emerging markets. In the United States, three domestic manufacturers-General Motors, Ford and Chrysler- are facing bankruptcy while the United States Senate debates whether to proceed with a “bailout.”
In all economies, frozen credit markets [...]