British GP will move to Donington

End of an era for Silverstone."British GP will move to Donington Donington hosted its last Formula One race in 1993 The British Grand Prix will...

Dragon-shaped island to be created on Ha Long Bay

An island in the shape of a dragon is to rise from the world heritage Ha long bay "The project that will cost around 5 trillion VND (roughly 294.1 million USD) will be launched by the Tuan Chau Group and the T&H...

American 'Meltdown' is the Reason for the Money Injection by Fortis

""Votron stays on after a wave of criticismby our correspondentJune 28, 2008, 09:10 a.m.BRUSSEL/AMSTERDAM (DFT) - Fortis expects a complete breakdown of the American financial markets within days or weeks. This explains, according to the bank insurer, the series of...

Device puts steering at the tip of the tongue

This is a great development for disabled people and shows that when technological thought along with a little investment is put into non-warfare issues we really move forward as humans. I won't countenance the...

Chinese Investor Pays $2.1M to Eat With Warren Buffett

A Chinese investment fund manager has won a bid on eBay to have lunch with Warren Buffet. He paid $2.1 million for it!It is the most expensive chariy auction ever held on the online auctioning website.Who would you...

African Union: "Unite or Starve"

I can't really argue with this: if it means bargaining with a collective continental market in order to get a better deal on necessities, then so be it. SInce the various AU nations have such different agendas, both with the West and with each other, it's hard to predict how...

Heady excitement damped by doubt

Benin's intro:  This is an excerpt from absolutely amazing  special report that the Financial Times has done on the current state of the Nigerian economy.  The report was very fairly balanced and...

NY promotes 'Finance-driven' Renewable energy industry

" Although the renewable energy industry saw over US $100 billion in global market activity, 14 percent of global venture capital investment and accounted for roughly one-third of new U.S. electrical generation...

Opec Summit Leads to Supply Boost Promise

After meeting in Jeddah, Opec nations and their biggest customers have agreed that oil supplies should be boosted, though no exact amount or percentage has been announced. In its announcement, Saudi Arabia asserted...

Libya to Step in and Fund Somalian Infrastructure

Benin's Intro:This article was written by a contributor to the African Path news network (of which Cheetah Index is part of)-Shabelle Media.  They publish stories from Somalia.  I enjoyed this article...

$250 oil forecast by Gazprom gains credibility « Peter J. Cooper’s Weblog

"I have to conclude that blaming higher oil prices on speculators and the Fed’s lose money is a part of the explanation for higher oil prices, but perhaps not quite the whole story. The latest statistics from BP tell a story of supply and demand that no government can...

Gold and silver prices to rocket as inflation grows this summer « Peter J. C...

" Now if interest rates fall, say from the present two per cent to ‘an emergency’ one per cent, then the US dollar will take yet another tumble. Gold is inversely correlated to the greenback – so it will head in the opposite direction, and upwards in value. Silver is...

Ultra wealthy families welcome to join the DIFC « Peter J. Cooper’s Weblog

" The DIFC Family Office was created to promote DIFC as an ideal domicile for family offices and is a further extension of the DIFC value proposition across businesses within the centre. The DIFC has now established an environment that combines a robust legal and regulatory...

Is the Franklin Templeton MENA Fund a buy? « Peter J. Cooper’s Weblog

" Personally I would be a buyer of this fund after this correction, and not before. For any downward correction in the oil price will only be temporary as the supply and demand fundamentals will not be changed, and the MENA region, or at least the oil producers, really does...

Second Home Foreclosure Tax Penalty

Investors in second or multiple homes stand to be among the biggest losers from the housing downturn.   That’s because proposed mortgage bailout programs don’t address second homes and investment properties.  Many owners of multiple properties don’t...

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