The Wall Street has turned against Obama and a number of international concerns,
uncertainties have pulled down equity markets in Asia, Europe and USA last
week.However, Bob Doll, Vice Chairman and Chief Investment Officer at BlackRock,
an investment management consultancy points out that amidst all this chaos a
number of strong corporate earnings went unnoticed and that may be paving the
path for a long term market recovery.
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China’s Logistics Information Center said the country will increase its coal
output this year to an estimated 3.3 billion tons to keep up with the needs of
the recovering domestic economy. In a report issued here, it said,
positive factors, which include increasing steel output, stable energy prices
and favorable policies, will motivate coal producers to increase their output
this year.
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Oil and gas production in former soviet republic of Kazakhstan grew by 8.4
percent in Jan-Nov 2009. According to Kazakhstan’s Energy ministry, the
country produced 69.676 mm tons of crude oil and gas condensate in January to
November, up by 8.4 % year-on-year. Gas condensate production was down 9.7 % year-on-year to 4.920 mm tons.
KazMunaiGaz produced 8.269 mm tons of oil and gas condensate during the eleven
months, down by 4.6 %.
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New York State spending is out of control. California tried to go off the dollar
but the California IOU is a total failure. There are 38 states right
behind California and New York, all of which are too big to fail. The
debts of the weaker European Union states are under attack by the huge short
players. In time every currency will come under attack by the same ever-growing
source of wealth. Today’s action in gold, especially before the Crimex
attack and dollar linking in the inverse, has delive… Continue

The global market for honey is poised to exceed 1.9 mn tonnes by 2015 according
to a new research report by Global Industry Analysts Inc. Increasing preference
among consumers for honey-based products, is leading to a boost in the variety
and assortment of honey based food products, baby products, yogurts and drinks.
Moreover, honey contains antioxidants, minerals, vitamins and proteins, making
itself an appealing ingredient as compared to artificial sweeteners, the report
said.
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