Word: tonsely
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For now the weak dollar is helping America's exports. But it is also spooking holders of U.S. debt, whose continued purchases of U.S. Treasury bills allow Washington to fund its deficit spending. Last week, the International Monetary Fund (IMF) announced that the Reserve Bank of India had bought 200...
A Worrying Trend The world's tuna trade is an awesome 21st century hunt. Ancient Greeks used to stand on bluffs to watch for schools of tuna passing the shore. Today, fishing fleets stalk the fish across thousands of miles of ocean with helicopters, GPS and sonar. In 1950, about...
Japan consumes about 80% of the 60,000 tons of bluefin caught around the world each year - and local economies on both sides of the planet depend on it. Off the coast of the Spanish port of Cartagena, hundreds of seagulls swarm the same patch of water six days a...
Beyond Bluefin As majestic and imperiled as it might be, all the world's bluefin catch accounts for less than 3% of the tuna that people eat. For the $175 that a plate of Honda's maguro runs to, you can buy half a year's supply of canned tuna...
At full capacity, the port is expected to export about 6.7 million tons a year of liquefied natural gas to Asia, Europe and the U.S., earning between $30 billion and $50 billion for Yemen's government over the next 25 years. That's an attention-getting number for any economy...