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Sata's Zambia: A [Copper] Rock And a Hard Place?
Sunday, October 2, 2011 - 9:00pmFrom this October's Business Diary Botswana: Zambian President-elect Michael Sata's recent victory over former President Rupiah Banda and his ruling Movement for Multiparty Democracy (MMD) ended two decades of MMD power while concurrently creating a cloud of uncertainty not only for Zambia's mining...
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Thursday, May 12, 2011 - 1:19pm
Shale Gas Exports Set To Grow (LNG, CQP)
The Marcellus Shale formation in the Northeast could be one of the best solutions to the world's growing demand for energy. Recent moves by Cheniere Energy (NYSE: LNG) and Cheniere Energy Partners LP (NYSE: CQP) are now helping underscore that potential. Cheniere Partners owns 100 percent of the...
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Saturday, May 7, 2011 - 2:58pm
Brazil's Imports Of U.S. Corn Ethanol Surge (CORN, FUE)
Brazilian ethanol, which is made from sugarcane, has traditionally been one of the cheapest sources of biofuels around. However, according to the U.S. commerce department, Brazil imported nearly 70 million liters of corn-based US ethanol in 2010, up from just 1 million in 2009. The surge in ethanol...
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Empire Manufacturing Comes In Better Than Expected, 17.5 Versus 17.0
Tuesday, March 15, 2011 - 8:31amMarch Empire State Manufacturing Index was just released, and it came in better than expected. Economists expected a reading of 17, and it came in at 17.5. Import Prices for February came in at 1.4%, versus expectations of 0.9%. Last month was revised to 1.3% from 1.5% Export prices came in at...
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China Cutting Rare Earth Exports By 11%
Tuesday, December 28, 2010 - 9:10am
In its first round of permits for the new year, China has cut rare earth export quotas by 11%. Bloomberg reports that this could worsen a global shortage of minerals that are needed for a wide range of items, including smartphones, hybrid cars and guided missiles. The Ministry of Commerce says that...
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