Monday October 09, 2006 | ${log.root}/lowem.log Inflation, Investing and Everything |
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Simontay78 was telling me about the latest geopolitical news and somehow we got around to talking about bombs and I mentioned this particular one, the GBU-43 MOAB, nicknamed "Mother Of All Bombs". We thought of some advertising slogans that might be applied to it : "I'm Lovin' It" - Macdonald's LOL Simon likes the Club Med one. I like the Burger King one. The FedEx one is absolutely hilarious, in this context. So's the Lay's one. Shrug. Context is everything, isn't it? LOL (2006-10-09 14:26:54 SGT)
[Musings]
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peakoil.com -> iht.com : China has started filling the tanks of a strategic oil reserve meant to insulate the country from disruptions in supplies, an official said. The tanks in Zhenhai, a city in the coastal province of Zhejiang, south of Shanghai, are being filled with domestically produced oil, said Xu Dingming, deputy director of the Cabinet's State Energy Office. The Zhenhai facility, with 16 massive oil tanks, is one of four planned sites for petroleum reserves. The others are to be built next year and in 2008. Previous reports said Beijing plans to stockpile up to 100 million barrels of petroleum, or the equivalent of almost a month's national consumption. The United States operates a similar reserve. China supplied its own oil for decades from domestic oil fields, but became a net importer in the 1990s. Driven by a booming economy, it has quickly risen to become the world's third-biggest oil importer, after Japan and the United States. See also : 1. China's first strategic oil reserve facility to be ready in August (2006-10-09 12:29:20 SGT)
[Energy]
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peakoil.com -> menafn.com : Despite being rated as the world's tenth largest oil producer, the UAE would focus on exploiting alternative and renewable energy sources, including the nuclear energy, said Dr Saleh Al Hashimi, Assistant Professor of Petroleum Institute. "We need reliable sources of alternative and cheap energy to run our expanding economy," said Dr Hashimi. "We have to exploit all sources of energy including nuclear for power generation, health and agriculture purposes," said the professor at a press conference organised to announce a two-day international conference on energy which will discuss efficient ways to make use of sun shine, wind, solid waste and other natural resources. - The Arabs are going nuclear. Perhaps we should, too. See also : 1. OPEC calls for green solutions to reduce emissions from oil (2006-10-09 12:18:26 SGT)
[Energy]
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peakoil.com -> gristmill.grist.org : DuPont will announce a series of ambitious sustainability initiatives, relating not only to its own operations but to its business strategy. That means directing big-time R&D and marketing money toward developing and selling sustainable products. The details haven't been leaked yet, but I'm hearing it's big - big enough to rival or exceed GE's much-ballyhooed Ecomagination program. The second report comes from U.S. insurance giant Allianz, which partnered with the WWF to look into the effects of global warming on risk, and thus on the insurance industry, in the U.S. The report will strongly argue that more needs to be done to prepare, and will include some initial commitments from Allianz. It's time U.S. insurers joined the conversation. Insurance is not the sexiest industry in the world, but it touches almost every other industry and its financial clout is enormous. See also : 1. Institutional investors warned about peak oil and climate change (2006-10-09 12:12:04 SGT)
[Env]
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Most popular blog postings on lowem.log : 1. Singapore SIBOR interest rates fall to 1.5%, lowest since Dec 2004 Featured articles on lowem.log : 1. ABC Guide to Beating Inflation in Singapore and Elsewhere |
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