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POPSWATER FOR PROFITS First Food, Now Water and Next will be the clean Air You Breathe-FOR PROFITS and SPECULATION
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POPSused cubicles CubeKing offers the finest used furniture and new or used workstations, cubicles, office chairs and desks at the absolute lowest prices. Whether you are setting up a new office or you are looking to sell your used office furniture, CubeKing is your choice to save your company money without sacrificing comfort and style.
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POPS Iran Says Oil Price Is Right At $100 A Barrel Pressure for a cut in oil output at next week's Opec meeting in Vienna stepped up today when Iran’s Opec governor said an oil price of $100 per barrel was “appropriate” Robert Laughlin, analyst at MF Global, said today that Opec had played a good hand in its actions — or lack of them — this year, when prices rose aggressively. "But will be alarmed at the downturn in demand and the deteriorating economic backdrop of the global economy." "Western leaders will be urging the cartel to remain unchanged in production strategy but I fear there is growing feeling in the ranks of price hawks that a cut in production is required and now," Mr Laughlin said Even the most moderate Opec member, Saudi Arabia, which has indicated that it would prefer output to be left unchanged, has been cutting the discount at which it sells Arab heavy, a poor-quality crude that it uses to calm the oil price, offering large quantities at big discounts.
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POPSFed's Yellen: Crisis "ongoing and perhaps deepening"
Second, export growth alone contributed one-half of the total real GDP growth registered in the second quarter. This element has been an important source of strength in our economy for over a year, being buoyed by strong growth abroad and by the weakening of the dollar. However, as I discussed, in recent months the dollar has risen somewhat and economic growth in many of our industrialized trading partners has slowed or even turned negative, suggesting that we can no longer count on exports as an important source of strength. Third, the problems in the housing markets, financial markets, and labor markets continue to be a drag on growth and employment. Fortunately, the recent fall in commodity prices should help to cushion some of this downward pressure on activity. Overall, I anticipate that real GDP growth in the second half of this year will come in below the growth of potential output which implies that the unemployment rate will rise. On its own, this obviously is not good new
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POPSWhy cheaper oil signals trouble Deflation will win over inflation. But the "good news" will go on until just after the USA election. Then reality will begin to intrude its ugly head, again.
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POPSFresh Groceries for Less As shoppers change their buying patterns in the face of soaring grocery prices, Wal-Mart and local farmers' markets reap the rewards.
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