Word: raws
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...have nothing in common except that they are big, unguarded - and made of bronze. Vernon Rapley, head of Scotland Yard's Arts and Antiques Unit, fears the worst. "They've either been rapidly exported or melted down" - a thought Rapley finds "quite repugnant." But the market price for raw copper has leapt 170% since 2003 to more than $4,800 a ton, driven by demand from countries like China and India. And with scrap prices also on a high, police in the U.S., Belgium, Poland, Switzerland and elsewhere are seeing a surge in thefts of items like copper cable...
Those devices, producers emphasize, can be used not just to deceive but also to tell a story clearly, entertainingly and quickly. News producers, documentarians--and, yes, magazine writers--selectively edit raw material and get accused of cherry-picking facts and quotes. But on an entertainment show the pressure to deliver drama is high, and the standards of acceptable fudging are shadier. The first season of Laguna Beach, MTV's reality series about rich teens in Orange County, Calif., centered on a love triangle among two girls (LC and Kristin) and a boy (Stephen). The problem, says a story editor...
...That's good news for the rest of Asia too, as China's growth boosts the whole region. Frenkel pointed out that while China is exporting goods worth about $300 billion to the U.S. and Europe, it is at the same time importing about 100 billion dollars' worth of raw materials and goods from elsewhere. Indeed, Zhu estimated that while China accounts for only about 5% of the world economy, it is responsible for as much as 30% of the world's economic growth. Investment and exports are driving this boom, however, which is why the economists all argue that...
Sugar shortages are leaving a bitter aftertaste. Bad weather and rising energy costs have pushed raw sugar to its highest world price in a decade, about 15¢ a pound. In the U.S., a protectionist trade policy has made the situation even worse. "The 1 million-ton gap between sugar supply and demand will only grow more dire," says Sergey Gudoshnikov, a senior economist at the International Sugar Organization...
...Peddling the Pomegranate Although it's a challenge to eat the raw fruit without getting a mouthful of seeds and astringent pith, pomegranates are everywhere now in the form of juice, concentrates and extracts, all heavily promoted for better health...