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Obama Says Release Oil Reserves...UPDATE: July 7 He Said He Was Against it
2008-08-04 16:30:00 The latest flip flop by Obama... Here he is on July 7 saying he is against the release of oil reserves:Now here he is today saying he is for it. Does anyone seriously believe anything this man says? CHICAGO - Barack Obama is proposing tapping the nation?s strategic oil reserves to help drive down gasoline prices, his campaign said Monday. Obama supports releasing light oil from the emergency oil stockpile now and replacing it later with heavier crude more suited to the country?s long-term needs, according to a campaign fact sheet. Light crude oil is easier to refine into gasoline than heavier oil.SOURCEThanks to Say Anything for pointing this out and their excellent commentary.Would it mean a short-term drop in oil prices? Sure. But that?s it. Once the reserves were depleted we?d be right back where we started.It is interesting that Obama is at least recognizing here that putting more oil on the market will drive down prices. One wonders why, if he understands this basic e...
Vietnam's Bonds Gain on Optimism Over Reserves; Dong Weakens
2008-06-09 15:20:00 Government bonds rose after Prime Minister Nguyen Tan Dung said the nation's foreign- exchange reserves are sufficient to help it intervene to maintain the currency's value. The dong declined. Benchmark five-year notes rallied after Dung said the country had a currency surplus of $1 billion in the first five months... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Bumi Discovers 442 Million Tons Coal Reserves in Indonesia
2008-06-09 12:05:00 PT Bumi Resources, Asia's biggest thermal-coal exporter, said it discovered 442 million of tons of coal reserves in Indonesia's part of Borneo island.The discovered reserve may increase the company's coal reserves by 31.5 percent this year, the company said in a statement in Jakarta. Bumi's shares rose.Indonesia News Blog: http://indosnesos.blogspot.com-
The US Has NO Remaining Grain Reserves
2008-06-08 17:15:00 Fair warning: ?According to the May 1, 2008 CCC inventory report there are only 24.1 million bushels of wheat in inventory, so after this sale there will be only 2.7 million bushels of wheat left the entire CCC inventory,? warned Matlack. ?Our concern is not that we are using the remainder of our strategic grain ...
Indonesia foreign exchange reserves $57.46 bln end-May vs $58.77 bln end-Ap
2008-06-05 04:04:00 Indonesia's foreign exchange reserves fell 2.2 percent to $57.46 billion at the end of May from $58.77 billion at end-April, data posted on the central bank's website showed Thursday.Base money rose to 334.0 trillion rupiah from 324.19 trillion rupiah due to an increase in banks' deposits with Bank Indonesia, the central bank.Indonesia News Blog: http://indosnesos.blogspot.com-
World oil reserves running out? - Jamaica Gleaner
2008-05-24 08:21:00 World oil reserves running out?Jamaica Gleaner, Jamaica - 5 hours agoBy extrapolation, this yielded a total world proven oil reserves of approximately 1045 billion barrels. Hence, with a current yearly consumption of 30 ...
US 'reserves judgment' on Pak-Taliban peace deal
2008-05-22 01:17:00 CNews WASHINGTON:The United States said on Wednesday it would 'reserve judgment' on Pak-Taliban peace deal, and would monitor how effective it is in stopping attacks."We'll see. We'll reserve judgment on these things," State Department spokesman Sean McCormack told reporters when asked about the deal for Swat Valley.Success in fighting militancy involves not just security, but also political and economic measures, he added. "What you have to do is get the right mix of elements," McCormack said."What we don't want to see is any sort of effort that results in the violent extremists, militants being able to use" the region "for the purposes of planning and launching terrorist attacks," McCormack added.Powered by: Awaz apni Baat apni
California Foreclosures Forcing Wells Fargo To Boost Reserves
2008-05-19 19:33:00 While this may unnerve some folks, I take it as a very healthy sign. Well Fargo is boosting it’s reserves to deal with the foreclosure problem it is facing, mostly in California. The company is not hiding behind any accounting trickery or denials but is instead recognizing the problem and confronting it. An analyst said ...
Russia accused of annexing the Arctic for oil reserves by Canada
2008-05-18 16:06:00 The battle for “ownership” of the polar oil reserves has accelerated with the disclosure that Russia has sent a fleet of nuclear-powered ice breakers into the Arctic. It has reinforced fears that Moscow intends to annex “unlawfully” a vast portion of the ice-covered Arctic, beneath which scientists believe up to 10 billion tons of gas and ...
By: 1913 Intel
The Subprime Mortgage Market 2007 Report: The Federal Reserves Reports
2008-05-14 00:00:00 Learn about the factors that led to the subprime mortgage crisis, the impact of these developments on the nation and the Twelfth District, and "lessons learned" that may contribute to financial market stability going forward
Managing foreign reserves gets tougher: Singapore GIC
2008-05-10 00:24:00 Managing foreign reserves gets tougher: Singapore GIC  By Grace Ng  THE current ‘difficult environment’ poses challenges for managers of foreign exchange reserves across the world, said Dr Tony Tan, the deputy chairman of the Government of Singapore Investment Corp (GIC), yesterday. Given greater uncertainty and volatility in the financial markets, ‘managing foreign exchange reserves to secure a satisfactory return within acceptable risk limits is likely to become more challenging in the coming years as compared with the past decade’, said Dr Tan. He was speaking during a panel discussion yesterday afternoon at the first annual Lujiazui Forum in Shanghai. The international finance forum brought together financial leaders, scholars and government officials including Chinese Vice-Premier Wang Qishan to discuss financial reform in China. In his speech, Dr Tan warned that ‘economic risks could rise further in the next 12 months because of sharper-than...
Inter reserves keep double dream alive
2008-05-08 00:06:00 Ten-man Inter Milan's virtual second string side battled to a 2-0 victory at Lazio in Rome on Wednesday to qualify for the Italian Cup final.
By: sports
Ahmedabad, Bharuch sitting on big oil reserves
2008-05-06 07:11:00 The danger of carrying out drilling and exploration activities in the densely-populated urban areas of Ahmedabad and Bharuch, which sit on huge reserves of oil and gas in the Cambay basin, looms large for the Ministry of Petroleum and Natural Gas now.Under the new licensing policy (NELP-7) released by the ministry recently, about 11 national and international companies have bid for exploration of hydrocarbons in 102 sq km area in Ahmedabad. For the Bharuch blocks covering 257 sq km, as many as 13 companies are in the fray. The last day for receiving the bids is May 16.India's oil ministry has for the first time offered a new category of blocks to attract non-E&P companies. Known as type ?s' blocks (s meaning small), it includes nine of eleven such onland blocks in Gujarat's prospective Cambay basin.The inclusion of such blocks lying amid highly-populated areas and non E&P companies in the race has raised concerns among industry experts."There are techniques like directional drill...
The Relationship of Climate Change with Food Reserves
2008-04-28 03:00:00 The chain of destruction caused by climate change continues to spread and today the amount of food that most of us need to survive are being affected. Such is an issue plaguing the whole world and while rations are being stocked up, you cannot help but wonder if this issue will indeed be sufficient. There ...
MySQL reserves features for paying customers
2008-04-18 15:12:00 MySQL reserves features for paying customersOpen-source darling MySQL is facing a new uprising within its customer base over plans disclosed this week to reserve some key upcoming features, and their source code, for paying users of its namesak...
NEW OIL RESERVES: El Carioca, tercer mayor yacimiento de crudo del mundo. B
2008-04-15 10:15:00 El director de la Agencia Nacional de Petróleo de Brasil, Haroldo Lima, anunció hoy el hallazgo de un yacimiento con una reserva estimada en 33 mil millones de barriles equivalentes de crudo, lo que lo haría el tercero mayor del mundo. Lima advirtió este lunes a periodistas que ?nada está... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
Billionaire blues and Arsenal Reserves show their class!
2008-04-15 09:08:00 Well, If you still want to Wenger bash and want Usmanov to take over the Arsenal, you might want to reflect upon the plight of Chelsea fans this morning. Their draw against Wigan last night was met with a chorus of boos. I would warn these spoilt Chavs that if Abromovich decides to take away ...
With its Jump to a Record $1.68 Trillion, China?s Foreign Currency Reserves
2008-04-14 16:32:00 By William Patalon III Money Morning China?s foreign currency reserves soared to a world-leading $1.68 trillion at the end of March, and that has the government scrambling for ways to keep the torrents of incoming money from stoking an inflation rate that?s already at its highest in more than a decade. Assets advanced a record $153.9 billion in ...SHARETHIS.addEntry({ title: "With its Jump to a Record $1.68 Trillion, China?s Foreign Currency Reserves Spawn Major Inflationary Fears", url: "http://jutiagroup.com/archive/-2008/04/14/683/" });
By: Jutia Group
With its Jump to a Record $1.68 Trillion, China?s Foreign Currency Reserves
2008-04-14 16:32:00 By William Patalon III Money Morning China?s foreign currency reserves soared to a world-leading $1.68 trillion at the end of March, and that has the government scrambling for ways to keep the torrents of incoming money from stoking an inflation rate that?s already at its highest in more than a decade. Assets advanced a record $153.9 billion in ...SHARETHIS.addEntry({ title: "With its Jump to a Record $1.68 Trillion, China?s Foreign Currency Reserves Spawn Major Inflationary Fears", url: "http://jutiagroup.com/archives-/2008/04/14/with-its-jump-to-a--record-168-trillion-china%e2%80-%99s-foreign-currency-reserves--spawn-major-inflationary-fears/-" });
By: Jutia Group
With its Jump to a Record $1.68 Trillion, China?s Foreign Currency Reserves
2008-04-14 16:32:00 By William Patalon III Money Morning China?s foreign currency reserves soared to a world-leading $1.68 trillion at the end of March, and that has the government scrambling for ways to keep the torrents of incoming money from stoking an inflation rate that?s already at its highest in more than a decade. Assets advanced a record $153.9 billion in ...SHARETHIS.addEntry({ title: "With its Jump to a Record $1.68 Trillion, China?s Foreign Currency Reserves Spawn Major Inflationary Fears", url: "http://jutiagroup.com/2008/04/-14/with-its-jump-to-a-record-16-8-trillion-china%e2%80%99s-fore-ign-currency-reserves-spawn-maj-or-inflationary-fears/" });
By: Jutia Group
Tata Power to benefit from increase in mining reserves; maintain Buy
2008-04-11 06:41:00 *Tata Power (TPWR IN; Mkt Cap USD6.6b, CMP Rs1,134, Buy)* *Bumi** * *Resources conference call: Key takeaways?* n *Bumi** reports robust 2007 performance:* During CY07, Bumi reported revenues of US$2.3b (up 22.3% YoY), PBT of US$383m (up 98.4% YoY) and core net income after minority interest of US$317m (up 66.8%). Bumi recorded production ...
Liverpool Reserves 1-0 Blackburn Reserves
2008-04-08 14:10:00 Liverpool Reserves 1-0 Blackburn Reserves Liverpool Reserves are celebrating after a 1-0 win over Blackburn Rovers saw them crowned Champions of the Barclays Premier Reserve League North at Christie Park. Gary Ablett's side, who went into the clash needing two points to confirm their status as the league winners, clinched the title with two games to spare courtesy of Krisztian Nemeth's superb first-half strike. It caps a remarkable season for the Reds coach and his team of youngsters, who will now be presented with the trophy following Thursday's match against Manchester City at the Halliwell Jones Stadium. On a night when the Reds knew victory would guarantee more silverware to add to the Dallas Cup won on their recent trip to the USA, they began brightly, and could have taken the lead after just eight minutes when the fledgling partnership of Krisztian Nemeth and Daniel Pacheco combined to create the first real opening of the game. The Hungarian hot-shot turned his ...
Saskatchewan Technology Engineering - Galleon announces 2007 reserves, prod
2008-04-04 20:21:00 Galleon Energy Inc. announces record corporate reserves, production and strong financial results in 2007. Read More…
By: SaskVentures
Massive Oil Deposit Could Increase US reserves by 10x
2008-03-29 05:49:00 America is sitting on top of a super massive 200 billion barrel Oil Field that could potentially make America Energy Independent and until now has largely gone unnoticed. Thanks to new technology the Bakken Formation in North Dakota could boost America?s Oil reserves by an incredible 10 times, giving western economies the trump card against ...
By: 1913 Intel
Federal Reserves Actions A Direct Result of Washington?s Bumbling
2008-03-25 15:15:00 Last weeks actions by the Federal Reserve were not done in a vacuum. Wall Street is desperately searching for a bottom in the credit markets so they can get back in. They know that their shareholders will be very upset if they deploy major assets before the market gets it legs. And most thought that Washington ...
Asian Central Banks Look to Invest Reserves in Region
2008-03-25 03:22:00 By Arijit Ghosh and Aloysius Unditu March 24 (Bloomberg) -- Central banks from 16 Asian nations may invest more of their $1 trillion of foreign reserves in... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Freddie Mac and Fannie Mae Trim Reserves To Revitilize the Market
2008-03-21 15:27:00 Freddie Mac and Fannie Mae were given the go ahead to trim their capital reserves to increase liquidity in the mortgage markets. The move will allow the two to add up to 200 billion in new mortgages for the United States housing market. Of course there is a down side. By reducing the capital of ...
Talisman and Marubeni find large oil reserves
2008-03-11 00:00:00 Talisman Energy Inc and Japan’s Marubeni Corp have discovered natural gas and condensate reserves off the coast of Britain in the North Sea, Marubeni said on Wednesday. via Sympatico Finance
Reserves beat Columbus Crew
2008-03-09 00:00:00 Everton's reserve side beat Columbus Crew 1-0 at Finch Farm on Friday.
Endeavour Silver Corporation: Proven/Probable Reserves Up 50% to 14.9 Milli
2008-03-04 06:15:00 The good news just keeps coming with today’s announcement that updated NI 43-101 reserve and resource estimates to December 31, 2007, reveal some new numbers, including a 50% jump in proven and probable reserves to nearly 15 million ounces of silver. So, 15 million ounces of silver at say $20/oz that is a cool $300.00 million
By: Silver Prices
High court reserves order on spectrum allocation
2008-02-28 18:22:00 The Delhi High court Thursday reserved its order on a petition filed by GSM operators challenging the central government’s decision to allow use of dual technology in mobile telephony and allocate radio spectrum required for wireless communications.
By: Latest News
Central bank could raise statutory reserves
2008-02-19 05:51:00 The State Bank will very likely further increase commercial banks' reserve requirement levels to pull in raging inflation. A State Bank official said authorities were considering a further rise of 1-2% in the reserve requirement ratio. It would be the second hike in 2008, attempting to control runaway credit growth,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
UNITED STATES: Exxon Mobil provides 2007 reserves replacement
2008-02-18 13:10:00 Exxon Mobil Corporation replaced more than 100 percent of its production in 2007. Additions to the Corporation?s worldwide proved oil and gas reserves totaled 1.6 billion oil-equivalent barrels in 2007 or 101 percent of production. Reserves replacement totaled 132 percent excluding the effects of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
Los Angeles, CA - Absolute Auction- No Reserves - 0
2008-02-18 00:00:00 ABSOLUTE AUCTION - This Property Will Sell to the Highest Bidder Regardless of Price! No Minimums & No Reserves! Auction Date: Thursday February 28 2008 @12:07 p.m. Auction Previews: Saturday February 16th 12:07-2:07 p.m. Saturday February 23rd 12:07-2:07 p.m. Final Preview & Bidder Registration 1 Hour Before Auction. Arrive Early To Park & Register on Auctio Day. Bidders Packets & Brokers Cooperation Agreement Information Will Be Available @ Property Previews. For Complete A...
Agnico-Eagle: Reserves at Record Levels
2008-02-17 09:09:00 Superb results were issued this week by one of our favourite gold stocks; Agnico-Eagle Mines Limited. The statement went on to say: ?At December 31, 2007 Agnico-Eagle’s proven and probable gold reserves hit a record of 16.7 million ounces, an increase of 33% over the year end 2006 level. The growth in gold reserves of 4.5 ...
By: Gold Prices
> Forex reserves down by $1.8 bn
2008-02-17 04:40:00 MUMBAI: Country’s foreign exchange reserves fell to $ 290.808 billion, down by $ 1.864 billion, as compared to $ 292.672 billion, for the week ended February 8. Forex reserves have fallen after registering a rise in the past three consecutive weeks. Reserves had increased by $ 4.356 billion for the week ended February 1 and stood at ...
Most Veteran Suicides From National Guard and Reserves
2008-02-13 14:40:00 A study by the Department of Veterans Affairs concludes that Reservists and members of the National Guard who fought in Afghanistan and Iraq comprise a majority of all suicides by veterans between 2001 when the invasion of Afghanistan took place and 2005 when the United States was actively involved in Iraq. Soldiers from these two ...
Reserves v Middlesbrough
2008-02-13 00:00:00 Andy Holden has named a young reserve squad for this evening's match with Middlesbrough at the Halton Stadium.
Eight new tiger reserves to strengthen the population of tigers
2008-02-12 17:50:00 TOTAL COUNTRY LEVEL POPULATION OF TIGER 1411 New Delhi: Total country level population of tiger is 1411 with a 17.43 per cent coefficient of variation. The lower limit is 1165 and the upper limit is 1657. Making a presentation about Tiger census in a press conference today Dr. Rajesh Gopal, Member Secretary, Tiger Project
India?s forex reserves up by USD 4.356 bn
2008-02-10 04:01:00 India’s foreign exchange reserves increased by USD 4.356 billion to stand at USD 292.672 billion for the week ended 1st February, the reserves have been surging by over USD 3 bn for the last two consecutive weeks.
By: Latest News
Forex reserves zoom $4.4bn to $292.67bn
2008-02-08 20:19:00 Foreign exchange reserves increased $4.356 billion to $292.672 billion for the week ended February 1, according to data released by the Reserve Bank of India today. Foreign currency assets were up... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
RUSSIA: West Siberian's proven oil reserves increased by 48 per 100
2008-02-08 19:19:00 In 2007, West Siberian Resources Ltd successful exploration and development program added net proven and probable oil reserves of 64.8 million barrels. The net proven oil reserves increased by 48 per cent to 162.9 million barrels. Proven and probable (2P) reserves increased by 18 per cent to 361.0... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
Christopher is Leaving for the Army Reserves
2008-02-07 23:16:00 For those of you that don't know Christopher signed up for the Army Reserves. He leaves for Boot Camp on Feb. 26. He will be gone 26 weeks. There is a possibility he will be serving overseas right after Boot Camp. We are taking him and Heather out to dinner on Feb. 22, 6:00pm Antonio's Restaurant, dinners range from $10.00-20.00 3457 N Genesee Rd (north of Richfield) Flint, MI 48506 810-736-2200Go to Map If you would like to join us for a send off please let me know. I may not reach all that I should, so if you know someone that may want to have dinner before Chris leaves, please tell them. Angie 810 730 4532
Bank Reserves Collapse; Replenished with Unprecedented Credit
2008-02-07 21:35:00 The last six weeks are unprecedented to the degree banks have shored up their reserves by borrowing. That’s what we can learn from the Fed’s own H.3 Table 2 Report (Dated January 31, 2008) where nonborrowed reserves have actually turned negative for the first time. What you’re looking at in the graph above (click for ...
Indonesia end-Jan forex reserves down 1.3 percent at US$56.28 bln
2008-02-07 05:10:00 Jakarta (ANTARA News) - Bank Indonesia’s foreign exchange reserves were down 1.3 percent at 56.28 billion US dollars at the end of January from December, Bank Indonesia said Wednesday. “The decline was mainly due to foreign debt payment,” Bank Indonesia director for public relations Amril Arief told Thomson Financial. Te central bank used part of the reserves to intervene in the foreign exchange market during the period, Arief said. But he said the amount was not significant. (*)
Banks Drain Reserves, Insider Buying Surges, Wheat?s New Record, Pollution
2008-02-06 20:37:00 by Addison Wiggin & Ian Mathias U.S. banks drain reserves to Depression-era lows Markets fall across the world? service sector data points to recession But all hope is not lost: LIBOR returns to normal, insider buying hits 13-year high Wheat soars to record high? Kevin Kerr on ?big story? in agriculture this year China ...
NBA 2008 Western & Eastern All-Star Reserves
2008-02-01 01:53:00 Eastern All-Star Reserves Chris Bosh Caron Butler Paul Pierce Chauncey Billups Richard Hamilton Joe Johnson Antwan Jamison Western All-Star Reserves Steve Nash Chris Paul Dirk Nowitzki Carlos Boozer Amare Stoudemire Brandon Roy David West The East picks were very well selected. You could lobby for Ray Allen, Hedo Turkoglu, and Richard Jefferson. The Celtics have the best record in the NBA and you could argue that their is no big difference ...
ALL-STAR RESERVES ANNOUNCED
2008-02-01 01:18:00 East F: Toronto Raptors Chris Bosh: Bosh had a funny promo video trying to get him a spot and it worked. He also got this spot because of his 22.7 PPG and 9.1 RPG. Toronto is 25-20, and in the playoff picture. They may not catch the Celtics, but they should be a playoff team. F: Boston Celtics
By: A Wikia Wiki
Who Should Be All-Star Reserves?
2008-02-01 00:22:00 With the announcement of who will fill out the All-Star roster for both the East and the West coming out tonight, I figured I would weight in with my 2 cents. Each conference must have on their bench 2 guards, 2 forwards, 1 center, and then 2 whatever you?re feelin?. First in the
By: A Wikia Wiki
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