Upbeat OPEC oil men set to hold output steady Sep 9, 2009
They blame overproduction mainly on Iran as well as on Angola, the current holder of the OPEC presidency, and Venezuela. Several ministers pointed to high levels of crude stockpiles, which can depress prices, especially when demand is weak. (Yahoo! Asia News)
OPEC: Saudi says crude markets 'in good shape' Sep 8, 2009
While the group for the first part of the year was generally successful in adhering to their quotas, it has increasingly been grumbling about overproduction by members looking to cash in on crude's rebound. Crude revenues are key for most OPEC members, accounting for as much as 90 percent of government budgets. (Fresno Bee -- Business)
U.N.: Sharp drop in Afghan opium trade Sep 3, 2009
That overproduction, experts say, has saturated the market, driven down prices and made the crop less profitable and may be behind the drop in cultivation. Click for related content. (MSNBC -- International)
Unnecessary 'safety' concerns are hampering farming Sep 2, 2009
This issue is incredibly more complex than Mr. Dyer outlines in this article, and he fails to point out the incredible overproduction in the US.. and how we're forced to produce High Fructose Corn Syrup from our crops to make it worth anything. (BBC News -- Science)
UN Reports Sharp Fall In Afghan Opium Production Sep 2, 2009
That overproduction, experts say, has saturated the market, driven down prices and made the crop less profitable _ and may be behind the drop in cultivation ... One question raised by the survey is why, with rampant overproduction, global heroin prices haven't plummeted. (CBS News -- World)
Hog farmers struggle for survival Aug 31, 2009
Overproduction and limited packer capacity forced hog prices to plummet to Great Depression-era prices toward the end of 1998 --- less than $10 per hundred weight for a brief time. Prices stayed low into 1999, and the red ink lasted about a year. (Waterloo-Cedar Falls Courier)
Analyst Picks and Pans: Solar Stocks, Salesforce.com, McDermott Aug 22, 2009
"Liberal Chinese lending practices encourage overproduction and capacity expansions in a market that needs rationalization, in our view," Jefferies analyst Paul Clegg said. Evergreen Solar () was downgraded to underperform from buy. (BusinessWeek)
Dairy farmers to receive much needed financial help, but does it go far enough? Aug 13, 2009
How can our milk prices be so low due to supposed overproduction when MPCs keep on coming in with no end. Secretary Vilsack and the USDA must address this issue if we are to save our domestic dairy industry. (Agri-View, WI)
India recovers, then falters Aug 13, 2009
Yet even if core industries have generally been improving since the end of the first quarter of the current year, India still risks participating in an all-Asia trend towards overproduction through export subsidies, a trend boding ill while the world economy as a whole already has excess capacity. For the time being, foreign investors will focus on whether the Sensex will in the near term penetrate below its 13,400 support level. (Asia Times Online)
The onlyreal dream Aug 4, 2009
" And since he did not use any quote from me, I assume that he will also not report the Mogambo Gold Forecast (MGF), which is "Increasingly cloudy and dismal economic conditions, characterized by widespread earthquakes, floods, tornadoes, volcanoes, and large meteor impacts killing everything in their paths, excepting only those who have gold, silver and oil to act as an economic umbrella shielding them from every economic calamity that will befall any country so stupidly moronic as to... (Asia Times Online)
New Pure Fishing captain pairs growth, trimmer operation Aug 2, 2009
Pure Fishing's adaptation of a lean strategy of production focuses reducing eight primary wastes -- the "deadly sins" of manufacturing -- identified by the company's vice president of manufacturing, Jeff Vierkant, as overproduction, waiting, overprocessing, excess inventory, unnecessary movement, defects and unused co-worker productivity. He said he sees the last -- "not taking full advantage of the ideas, skills and expertise of our co-workers" -- as the most important and the most difficult to... (Sioux City Journal, IO)
New Drug For Children With High-risk Leukemia Jul 31, 2009
According to Dr. Izraeli, a similar mutation of the JAK2 in Down syndrome and leukemia causes Polycythemia Vera, a disease common in adults that leads to the overproduction of blood. This discovery of a similar mutation in a subset of pediatric leukemia cases may provide a path to new life-saving medication options. (Science Daily)
Woman With Rare Illness Weighs 476 Lbs., Stands 6'6 Jul 25, 2009
An MRI scan showed she had a tumor the size of a grapefruit in her brain which had wrapped itself around her inner carotid artery, causing an overproduction of growth hormones. In 2003, she underwent su 00004000 rgery to remove most of the tumor, although small parts of it were too difficult to separate from her brain. (Fox News)
Negativefolly Jul 25, 2009
Okay, I admit that was not supposed to be the "other thing" that I had learned, but you can see how it has left me scarred and pitiful, which is another story for another time, because I was planning on, at this point in the essay, referring to the difficulty in locating One Lousy Example (OLE) in all of history of a valuable, necessary commodity (like oil) going down in price when the currency in which it was denominated (the dollar) was being devalued by massive overproduction of money and... (Asia Times Online)
Meet one of the largest and heaviest women on planet - and she's still growing! Jul 23, 2009
An MRI scan eventually showed a tumour the size of a grapefruit in her brain which had wrapped itself around her inner carotid artery, causing an overproduction of growth hormone. It was so big, doctors at first said there was nothing to be done. (The Drudge Report)
The looming food crisis? How much is reality? (108) Jul 21, 2009
Aside from the periodic shortfalls which will occur and can easily be addressed with, yes, reserves the odds are that overproduction relative to demand will again be the overriding problem for major crop markets during all, or most, of our lifetimes. The level and distribution of income, lack of access to education and health-care, and political malfeasance not the world's ability to produce food go a long way in explaining the systemic undernourishment of much of world's population. (Great Falls Prairie Star, MT)
How Dachshunds Got Such Short Legs Jul 17, 2009
In the case of short-legged dogs, the inserted retrogene results in the overproduction of the FGF4 protein, which researchers hypothesize may turn on key growth receptors at the wrong times during fetal development. Veterinary researchers already know that in certain dog breeds the development of long bones is curtailed due to calcification of growth plates, resulting in short legs with a curved appearance. (Science Daily)
Swine flu attacking mothers, newborns Jul 16, 2009
"There was no evidence of any superimposed infection with a bacteria. It certainly did appear that they were drowning in their own overproduction of immune juices," he said. Reading now. (Sydney Morning Herald -- Australia)
Ruth Bader Ginsburg and a Question of Eugenics Jul 16, 2009
Even more perplexing: She's become a champion of "reproductive freedom" even though she proposed a "Code to Stop Overproduction of Children," under which "no woman shall have a legal right to bear a child without a permit." (Poor blacks would have had a particularly hard time getting such licenses from Sanger. . (Townhall.com)
Keynes is not enough Jul 16, 2009
" Indeed, he was, as Skidelsky notes, "famously skeptical about econometrics," with numbers for him being "simply clues, triggers for the imagination", rather than the expressions of certainties or probabilities of past and future events. With their model of rational homo economicus in tatters and econometrics in disrepute, contemporary economists would do well to pay heed to Keynes' advice that if only "economists could manage to get themselves thought of as humble, competent people on a level... (Asia Times Online)
WALTER A. SHUBIN: Different look at farm, water issues Jul 11, 2009
Valley peach, plum and apricot producers, according to a recent article in The Bee, are also pulling up orchards because of overproduction, foreign competition and resulting low prices, not lack of water. The Valley's cotton industry, even with massive government aid the last few decades, has dropped from a million acres 15 years ago to 100,000 acres today. (Fresno Bee -- Opinion)
Charlemagne : Those exceptional Swedes Jul 3, 2009
For him, the problem with the car industry lies in the overproduction of cars that nobody wants to buy. That leads him to a blunt conclusion: save the workers, not the factories that turn out such clunkers. (The Economist)
James Howard Kunstler on Michael Jackson as America Jul 2, 2009
The Man in the Mirror - Clusterfuck Nation. Clusterfuck Nation Comment on Current Events by the Author of "The Long Emergency". (Harper's Magazine)
Afghan farmers ditchopium for saffron Jun 25, 2009
The price of black tar opium has fallen precipitously over the past three years, mainly due to overproduction. Experts say that saffron is being grown in 16 provinces of Afghanistan, including the northern provinces of Balkh and Kapisa, but the bulk of the product comes from Herat, in the west of the country on the border with Iran. (Asia Times Online)
The Curious Case of the $134.5 Billion Briefcase Jun 20, 2009
This says less about these suspects than it does about the Bush-Obama Administration s reckless expenditures and promiscuous overproduction of Earth s reserve currency. Mr. Murdock, a New York-based commentator to HUMAN EVENTS, is a columnist with the Scripps Howard News Service and a media fellow with the Hoover Institution on War, Revolution and Peace at Stanford University. (Human Events Online)
French Economy Will Probably Stop Shrinking in Fourth Quarter, Insee Says Jun 19, 2009
At the same time, the slump has left companies with overproduction and staff capacities that could slow down the exit from the recession. . (Bloomberg -- Europe)
Energy independence the goal Jun 2, 2009
Overproduction and distrust of ethanol is harming the industry. This year, at least one ethanol plant in North Dakota is facing fiscal uncertainty. (Bismarck Tribune, ND)
A necessary time May 30, 2009
When one really thinks about it, the only entity enhanced by reducing overproduction is the producer himself (and probably his financial lender. . (Princeton Bureau County Republican, IL)
* Chinas Sun shines in Japanese pro basketball league May 30, 2009
The tumor was also causing an overproduction of growth hormone resulting in acromegaly, which causes various parts of the body to sustain abnormal and unstoppable growth. The tumor was successfully removed in September 2005. (Taipei Times, Taiwan -- World)
Chinas 7-foot-9 Sun shining in Japan league May 29, 2009
The tumor was also causing an overproduction of growth hormone resulting in a condition known as acromegaly that causes various parts of the body to sustain abnormal and unstoppable growth. The tumor was successfully removed in September 2005. (MSNBC -- Sports)
UN to force poppy farmers to stop by destroying opium value May 27, 2009
" Officials admit the plan is a second-best solution to intensive eradication campaigns. Last year the Afghan Government succeeded in destroying only 3.5 per cent of the country's 157,000 hectares of poppy because eradication teams were either attacked or bought off by drug lords. But the attempt to use economics to tackle the $4 billion narcotics industry is fraught with problems - not least the country's thousands of kilometres of porous borders. Even without attempts to disrupt the flow of... (Sydney Morning Herald -- World)
* UN floods Afghanistan with drugs to cut value May 27, 2009
Huge overproduction, which by some estimates twice outstrips world demand, has led to a steady fall in the value of opium. One kilogram is now worth less than one fifth of what it was in 2001. (Taipei Times, Taiwan -- Business)
Production cuts unlikely after OPEC meeting May 26, 2009
Thursdays meeting is thus likely to opt for nothing more drastic than renewing calls on members to slash overproduction and warning that OPEC is ready to call for an emergency meeting should prices slide suddenly. We dont expect any changes in output targets, said Victor Shum, an energy analyst with consultancy Purvin & Gertz in Singapore. (MSNBC -- Business)
OPEC likely to keep production targets steady May 26, 2009
Thursday's meeting is thus likely to opt for nothing more drastic than renewing calls on members to slash overproduction and warning that OPEC is ready to call for an emergency meeting should prices slide suddenly. "We don't expect any changes in output targets," said Victor Shum, an energy analyst with consultancy Purvin in Singapore. (The Star Online, Malaysia -- Business)
Casualties of Waugh May 25, 2009
How much was Chesterton, Waugh wondered, how much Belloc, driven by financial need to the overproduction which oppressed them. How much was it the product of a nervous restlessness and sloth. (The American Conservative)
How did we get in this mess? (1) May 25, 2009
This combined with Iacocca s introduction of the first consumer rebate has been the driving force behind Detroit s ongoing problem of overproduction and reduced resale value of their product. General Motors, in an attempt to find a way to compete with the Japanese imports, came up with the ridiculous idea of a single import-fighting franchise called Saturn. (Helena Independent Record, MT)
Banyan: May the good China preserve us May 23, 2009
This worsens the overproduction at the heart of the crisis. And much of the rest is going on state-driven projects, reinforcing the state s rent-seeking or megalomaniac proclivities. (The Economist)
China not giving ground in iron ore talks May 20, 2009
Shan said he agreed with a comment by Baosteel's chairman over the weekend that China's steel industry may post a loss for 2009 because of overproduction, adding that steel mills must cut output as the economy has not bottomed out. "So far we are producing at a rate equivalent to an annual output of 520 million tonnes, compared with the target set by the industry ministry of 470 million tonnes. We will see a huge stockpile,'' he said. China's Ministry of Industry and Information Technology has... (Sydney Morning Herald -- Business)
Your say Have you been burnt? May 19, 2009
3 years ago I was one of a group of Sunraysia grape s growers who travelled to Canberra to try and get the politicians to do something about MIS's which were destroying our livelihood by the overproduction they were creating with their schemes, we pointed out the fact that the independant reports accompanying the projects completely contradicted ABARE outlooks and that these schemes would never generate a return, but the then government wasn't interested in what we had to say. Claims that these... (Sydney Morning Herald -- Business)
Tunlan mine blast exposes safety challenge May 19, 2009
Overproduction (typically 150% to 300% of design capacity) and falsification of death tolls whenever possible are the norms. While TVE mines are the weakest link of China's coal industry, many state-owned mines are expanding at breakneck pace and often produce much more than they should without adequate safety margins. (Asia Times Online)
Old diabetes drug teaches experts new tricks May 15, 2009
Reporting in the May 15 issue of Cell, investigators say they have zeroed in on a specific segment of a protein called CBP made by the genetic switches involved in overproduction of glucose by the liver that could present new targets for drug therapy of the disease. In healthy people, the liver produces glucose during fasting to maintain normal levels of cell energy production. (EurekAlert!)
* China cuts loans to curb overproduction of steel, reports say May 15, 2009
China cuts loans to curb overproduction of steel, reports say. AFP, SHANGHAI Friday, May 15, 2009, Page 10. (Taipei Times, Taiwan -- Business)
US natural gas is ripe for rebound May 14, 2009
Onshore overproduction of gas has been met with declining industrial demand, he says. While long-term US gas prices 2011 and beyond are above $7. (FT.com -- Markets)
Samsung sees DRAM shipments up 10-15% in '09 May 12, 2009
Despite caution over the risk of overproduction, analysts had more bullish forecasts for the sector. "Samsung's estimates are on the slightly low side," said Jay Kim, an analyst at Hyundai Securities. (EETimes)
Study in Nature Medicine establishes major new treatment target in diseased arteries May 11, 2009
The theory gaining strength since the early 1990s is that disease-related overproduction of ROS (oxidative stress) damages organs by destroying cell components, triggering cells to self-destruct and promoting inflammatory cell signaling. Among the hormones best known to stimulate oxidative stress in blood vessels is angiotensin II. In AAA, past studies have confirmed that angiotensin II, in part by driving up ROS production, excessively turns on enzymes called matrix metalloproteinases (MMPs). (EurekAlert!)
Spanish wine makers hunting for buyers as slump hits prices May 8, 2009
These are the most vulnerable to the slump, their finances crushed by plummeting demand; slashed credit; and the scrapping of EU subsidies under rules introduced last August, aimed at curbing overproduction. Tightening screw. (Business Report, South Africa)
Africa: Trade Deals Threaten Regional Economic Unions Apr 20, 2009
"EPAs are premised within the neo-liberal policy framework of 'one-size-fits-all' trade liberalisation and market integration, which entails opening up ACP markets to EU producers and consumers; entrenching Structural Adjustment Programme and redressing EU's crisis of overproduction and profitability," he said. EPAs, he said, will expose ACP's weak industrial capacity to EU products and services. (allAfrica.com)
EU acts to curb Italy milk scam Apr 16, 2009
The quota system was introduced in 1984 to support milk prices and tackle the problem of overproduction, which had led to huge surpluses. The EU plans to phase out milk quotas by 2015, but before then the commission plans to allow a one-percentage-point annual quota increase. (BBC News -- Europe)
Staying in business during hard times Apr 16, 2009
It was not the first time that Lehmann was faced with overproduction. In fact, big crops in the 1970s caused a split between Lehmann and his superiors at Saltram. (Coos Bay-North Bend The World, OR)
China's runaway steel train Apr 13, 2009
Even China's Iron and Steel Association has cautioned that overproduction has risked flooding the market with unwanted steel ... The impact of China's overproduction is being felt around the world ... It also claimed that governments help the industry with more than $15-billion a year in energy subsidies, adding to pollution and overproduction. (Globe and Mail)
World must think differently Apr 10, 2009
Your point about overproduction needs addressing. When the productive capacity of an economy grows this benefits the entire economy. (Missoulian, MT)
Local hog farm also feels pinch of recession Apr 8, 2009
Faltering domestic and overseas economies, overproduction in 2008, declining demand in China and a stronger dollar have combined to hurt the industry, according to Ron Plain, professor of agricultural economics at the University of Missouri. It's unclear if or when the farm near Corcoran will experience cuts. (Hanford Sentinal, CA)
* FEATURE: Activists slam changes to agriculture land bill Apr 5, 2009
What farmers need are distribution channels that would prevent wholesalers from dominating the market and exploit producers, an efficient mechanism to help farmers prevent overproduction, government assistance in establishing traceability of agricultural products, and government criteria in examining pesticide residue in locally grown and imported agricultural products, Huang said. The government skirted all these problems in the bill. (Taipei Times, Taiwan -- Sports)
China prepares for next surge Apr 3, 2009
It will hinge on whether these measures simply fuel overproduction leading to sharpening international conflict, or whether investment and retraining of workers can be directed to new industries and technologies that can thrive when economic recovery begins by showing the way toward more environmentally friendly and less destructive forms of development while creating jobs. Fallows emphasizes Chinese inventiveness, and entrepreneurship, comparing the national mood to that of a recovering Europe... (Asia Times Online)
Cars pile up after burst bubble Apr 3, 2009
"You keep doing what you're doing, and you just keep assuming that growth is going to go on forever. And then at some point it just drops out from under you," said Alan Pisarski, a transportation expert and author of "Commuting in America." He compared the years of overproduction to putting a Burger King on every street corner. "The world just can't use that many hamburgers," he said. (Huntington WSAZ-TV, WV)
Oil falls $2 tracking stock markets Mar 28, 2009
LONDON: Oil fell nearly $2 on Friday as weaker stock markets, soft economic data, and evidence of OPEC overproduction encouraged profit-taking after several days of gains. U.S. crude traded down $1. (India Times)
Space Storm Alert: 'We're moving closer and closer to the edge of a possible disaster'... Mar 26, 2009
Though this provides a more efficient way to run the electricity networks, minimising power losses and wastage through overproduction, it has made them much more vulnerable to space weather. The high-power grids act as particularly efficient antennas, channelling enormous direct currents into the power transformers. (The Drudge Report)
Harley struggles as buyers age and credit tightens Mar 24, 2009
And though Harley's woes pale in comparison to what the automakers face Harley's revenue dipped just 2 percent last year while Detroit was crashing overproduction and loose lending practices have burdened the company's finances. Multimedia. (International Herald Tribune -- Business)
Harley-Davidson Mar 24, 2009
And though Harley's woes pale in comparison to what the automakers face Harley's revenue dipped 2 percent last year while Detroit was crashing overproduction and loose lending practices have burdened the company's finances. In a pattern similar to that of the housing bust, Harley goosed sales by luring many buyers with no-money-down loans. (International Herald Tribune)
* Harley, youre not getting any younger Mar 22, 2009
And though Harleys woes pale in comparison to what the automakers face X Harleys revenue dipped 2 percent last year while Detroit was crashing X overproduction and loose lending practices have burdened the companys finances. In a pattern similar to that of the housing bust, Harley goosed sales by luring many buyers with no-money-down loans. (Taipei Times, Taiwan -- Business)
Refiner Valero to obtain 7 VeraSun plants Mar 19, 2009
Overproduction, tight credit markets and the recession have pummeled the biofuel industry and helped put Sioux Falls, S.D.-based VeraSun under bankruptcy protection. Other ethanol companies are also feeling the pinch. (Sioux City Journal)
* Labors journey from job to work to little rows of noughts Mar 19, 2009
We produce in order to consume; overproduction obliges us to consume items we dont need. Hence the built-in obsolescence of fashionable clothes or of the electronic equipment that we replace before it wears out. (Taipei Times, Taiwan -- World)
Oil Rebounds as OPEC Keeps Supply Levels Steady Mar 17, 2009
OPEC oil ministers say they will stick to present output levels but seek to end overproduction by some members. The decision Sunday means there will be no cutbacks from production levels established in December. (ABC News -- Wire)
Housing starts seen at record lows in February Mar 17, 2009
"The silver lining is that home builders are finally facing reality. They should have cut production like this years ago. And if inventory is ever going to fall to a point where prices can stabilize, then overproduction had to stop," Low said. Permits for future groundbreaking, which give a clue to construction plans, also are projected at a record low unit rate of 500,000 in February, down from January's pace of 531,000, which also was the lowest on record. (Yahoo News -- Top Stories)
OPEC plans to hold output levels steady, curb overproduction Mar 16, 2009
Search hundreds of franchises and business opportunities to find the one that is right for you. Quick Request Form: Request information from your favorite franchises and business opportunities. (USA Today -- Money)
