Eyes on the Skies Over Bushehr Nuclear Reactor
By Marsha B. Cohen
Once Bushehr's nuclear fuel arrives from Russia, whatever military options against Iran that may be "on the table" that include Bushehr will have to come off. Israel and the U.S. have only a few weeks to launch an attack on Iran before Bushehr has the means to begin generating electricity. Continue
Russian drought could push up food prices: Russia is the world's second largest producer of barley after the EU and the cereal crop is used by many farmers as animal feed
The Great Grain Robbery: On Thursday, wheat prices hit $7.25 a bushel, a 71% increase since the June low. It’s the biggest one-month jump in three decades.
Wheat Prices go up 50 Percent-Repercussion for Ghana: A food price crisis is now looming in emerging economies like Ghana. The UN Food and Agriculture Organization (FAO) has announced a cut in its 2010 global wheat forecast by about 4 percent and said world wheat supplies may shrink next year if severe drought continues in Russia, the World’s leading wheat producer.
Peter Schiff: "We're in the Early Stages of a Depression": Schiff recommends divesting U.S. assets and dollar-denominated debt in favor of emerging markets. He likes natural resources economies like Australia, Norway, and Canada.