Word: sells
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...dying in foreign wars, McCain dares to raise Paris Hilton and Britney Spears to the level of a national political debate. With the U.S. facing an energy emergency, McCain jokes about tire inflation. When your 85-year-old mother loses her General Motors health benefits because GM can't sell cars, you want health-care solutions, not McCain's juvenile critique of Obama's European trip. Voters must demand solutions from those running for office - not fifth-grade political campaigns with playground sound bites. As a retired U.S. Air Force veteran, I find it disturbing that McCain has lost touch...
...market in Shanghai; you need to be convinced that anything here is real.The first week you spend in this former marshland, which was transformed into a financial capital seemingly overnight, can only be described as a sustained shock. This has nothing to do with the pregnant mother trying to sell you Japanese bondage porn (illegal in China) or the two armless men who like to circle a block known for its expat bars. The shock comes from everything appearing Western and yet being just different enough to always keep you on your toes. And so, for fear of becoming...
...would you raise prices if you were an oil supplier? Controlling the supply - as in the 1973 OPEC embargo - has become less effective with more sources of oil worldwide. And oil suppliers clearly cannot raise prices by controlling demand in the physical oil market; ultimately, they need to sell their oil, not buy it. However, with the market inefficiencies that we expose here, oil suppliers can regain the upper hand by artificially inflating demand using a different market. To understand this mechanism, we must take a glimpse into the future - the futures market, that...
...them to exchange oil at a quoted price at a specific date in the future, usually months in advance. Such a contract allows companies to hedge positions by locking in prices early. Airlines might buy futures contracts to reduce their exposure to rising fuel prices. Conversely, oil companies might sell futures contracts to assure a profit against future price drops. It's all about reducing risk and uncertainty. But what if oil suppliers were instead buying oil futures, compounding their own risk and reaping enormous profits from the explosion in the price of physical...
...some areas under Russian control villagers are beginning to wonder whether muddling through in some kind of collaboration with the power on the ground is not preferable to war. In Gori, now largely abandoned after the Russian bombings, farmer Giorgi Chikladze says he hopes he can now sell his peaches to Russia , where he says he would get higher prices than in Tbilisi. In the old days when Georgia was still under Soviet rule, he says, his family sold its harvest of apples and peaches to Russian markets. But since the border was closed to trade following Georgian President Saakashvillis...