Posts tagged as:

environment

As if it wasn’t bad enough that BP is probably going to suspend its dividend if it can’t plug the leak, there will be all kinds of charges and damages awarded to BP, but possibly also to Halliburton or TransOcean once this disaster comes full sweep.
Those who follow me on Twitter know that I’m not [...]

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The Deepwater Horizon oil catastrophe may soon start to effects of the oil leak spilling over onto the world economy.  Before this happens, though, BP share prices are going to continue to decline and the valuations of most Brits’ pension funds are going to drop, since BP comprises a majority holding in most UK indexes.
BP [...]

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Estimates suggest the Deepwater Horizon oilspill has already cost BP plc about one billion pounds.  This does not even take into consideration total clean up costs going forward if the leak were to somehow suddenly stop right now.
But so far we haven’t heard much about the wider economic effects that the Deepwater environmental disaster will [...]

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On April 27, 2010, Standard & Poor’s downgraded Greece’s credit rating to junk status – meaning that it is unlikely Greece can pay back its creditors, which means that it is not worth it for the hypothetical investor to invest in Greece.
The same day, the USD spiked and the Euro and other currencies fell a [...]

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Are you liking the new frugality trend?  Get used to it.  Frugality is “in” and here to stay – but not because the U.S. housing and credit markets collapsed and 30% of everyone’s savings have disappeared.  According to Jeff Rubin, ex-senior economist at CIBC World Markets, the growing scarcity in the world’s fossil fuels supply [...]

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Haven’t yet heard of Toronto-based ZENN Motor Company (TSX: ZNN)? I hadn’t either until two days ago. Honda Schmonda and the fuel-cell cars that are only available in SoCal. You can buy your ZENN car (that stands for Zero Emissions, No Noise) in Oak Forest, IL, Bozeman, MT and Fayetteville, NC. [...]

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