By William Lynch, from Huffpost and Livestrong and CBS Grown in Thailand (and China), jasmine rice gets its name for the fragrant jasmine scent it produces while being cooked. Black jasmine rice, while not as prevalent as the white and brown varieties, adds more vibrant color to meals, but it also provides additional health benefits, [...]
I have just returned from a week in Hong Kong and parts of Mainland China. I cannot speak Mandarin fluently yet, but I am learning, albeit slowly. Mandarin is not difficult, in fact the grammar is quite simple in comparison to German or Russian. The basic problem is accumulating a large number of small words [...]
Original article by Kelly Hearn, from The Washington Times BUENOS AIRES — Off the coast of Rio de Janeiro — below a mile of water and two miles of shifting rock, sand and salt — is an ultradeep sea of oil that could turn Brazil into the world’s fourth-largest oil producer, behind Russia, Saudi Arabia [...]
At the present moment, almost every country on this hot planet has decided that their economy will be served best by a type of international trade called: “FREE TRADE.” WHAT IS “FREE TRADE”? “Free Trade” as the name implies is trade between countries with no import duties (taxes) applied. Thus, the cost of a product [...]
World Bank warns of global growth slowdown From Associated Press BEIJING – The World Bank warned Wednesday of a possible slump in global economic growth and urged developing countries to prepare for shocks that could be more severe than the 2008 crisis. The bank cut its growth forecast for developing countries this year to 5.4 [...]
IMF Seeks $500B Boost to Lending Resources By Simon Kennedy, from Bloomberg The International Monetary Fund is proposing to raise its lending capacity by $500 billion to insulate the global economy against any worsening of Europe’s debt crisis, according to a person familiar with the talks. The Washington-based lender currently has about $385 billion available [...]
China Hoarding of Gold Turns More Traders Bullish By Nicholas Larkin, from Bloomberg Gold traders are the most bullish in two months after mainland China imported the most metal ever from Hong Kong and investors bought U.S. bullion coins at the fastest pace in more than two years. Eighteen of 23 surveyed by Bloomberg expect [...]
Every major bank and investor across the world is betting against the Euro. Today, it fell below 1.29 versus the U.S. Dollar. There is talk in the foreign exchange circles that it may hit par in 2012. Why? Europe is slowly entering an economic recession. For decades the Europeans lived on borrowed money. The Europeans, [...]
