In India, like in the United States, the power sector is the single largest user of water – more than agriculture. Presuming that India could solve its power problems and build more coal, they would run out of fresh water even faster.
With Germany’s leaders telling us that the exit from the Eurozone by Greece no longer holds terror for them, we understand that they are prepared for such an eventuality.
The stock hit a high of $50 in May 2008 and came close again in April 2011, but at $170 billion, the Melbourne-based company is now valued at some $80 billion less that at its peak.
After adjusting for seasonality, the reading shows that the manufacturing sector is actually improving, thanks to the slew of stimulus measures implemented by the Chinese government.
Inter Pipeline Fund ("Inter Pipeline") (TSX:IPL.UN) announced today that it has entered into a binding Shipper Support Agreement to provide bitumen blend and diluent transportation services to three major oil sands projects owned by the FCCL Partnership ("FCCL"), a business venture between Cenovus Energy and ConocoPhillips.
This week we have meetings involving the ECB and the Federal Reserve followed by the job numbers on Friday. These meetings, summits, announcements have an effect on the investment community in that investment funds tend to stay on the sidelines until the direction of the markets becomes clear.