Wednesday, November 25, 2009

Efficient-market hypothesis

"I'd be a bum on the street with a tin cup if the markets were always efficient."
Warren Buffett

Friday, September 25, 2009

The Biggest Government Bailout Is Yet To Come

By Heidi N. Moore
Posted Thursday, September 24, 2009 - 1:04pm
"If you've got me," Lois Lane once asked Superman as he flew to her rescue, "Who's got you?" We could point that same perplexed question at the U.S. government and its ranks of overwhelmed financial agencies, which are now in bigger danger than the nation's banks ever were... continued @ http://www.thebigmoney.com/articles/judgments/2009/09/24/biggest-government-bailout-yet-come?page=0,0

Monday, June 29, 2009

China to Increase Oil Reserves

China plans to increase strategic crude oil reserves by 160 percent to 270 million barrels during the next five years, Nikkei English News said, citing an unidentified official from China’s National Energy Administration.

China will spend 30 billion yuan ($4.39 billion) for stockpiling facilities with a capacity to hold 169 million barrels, the report said.

China Petrochemical Corp., China National Petroleum Corp. and other companies will construct and use the storage sites, the Nikkei said.

http://www.bloomberg.com/apps/news?pid=20601101&sid=aqC60PRYO.Bw