A clear lack of thought

Robert Bryce, author of “Power Hungry” describes the lack of clear economic thought going into the current energy policy in this February 22 National Review editorial. Bryce’s focus is on oil and gas, as opposed to coal, but the sentiment still fits just as well. There seems to be little more going on in an [...]

“Greenland Week” at Scandinavia House in NYC next week

Next week, Scandinavia House, a Nordic cultural center located in New York City, will host “Greenland Week,” with three artistic and cultural programs dedicated to shedding light on the remote island. On Wednesday, February 29 and Friday, March 2, a coming-of-age movie called Inuk about a troublesome boy sent from the capital, Nuuk, to live in a youth home in Uummannaq, in north-central Greenland, will play. The trailer is below.

Roy Morgan Consumer Confidence falls

From Roy Morgan, it’s weekly consumer confidence index fell again this week: Consumer Confidence has fallen to 113.4pts (down 2.3pts in a week), according to the Roy Morgan Consumer Confidence Rating conducted last weekend (February 18/19, 2012). Consumer Confidence is now 7.2 points lower than a year ago, February 19/20, 2011 (120.6). The decrease in [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Environment Canada promises to “crack down” on coal

Environment Canada appears to be jumping – with both feet – onto the anti-coal bandwagon, as it promises to “crack down” on coal with a host of expensive new environmental regulations. Coal won’t be the only sector on the chopping block, however. Environment Canada representatives also promised t0 go after oil gas – a key [...]

China links

Courtesy of Sinocism: ??????? ??NBA?? – ?? – 21??? – CCTV wants to adjust schedule to show Knicks/Lin. Media read 2 much in2 lack of broadcasts? Chinese Ball Maker Trademarks Lin – China Real Time Report – WSJ – As attention focuses on the few who first saw potential in surprise basketball standout Jeremy Lin, a Chinese [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

All aboard Asciano

Glancing through the broker reports, which are steadily turning bullish, a more positive attitude towards Asciano is notable. A ports business should be doing well in the midst of Australia’s resourecs boom, although of course the company has had its travails. But Macquarie is sensing that the business is becoming boring with its EBIT of $295 million. Such predictability is [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Policy Status Update

Back in January I listed several policies and agreements that were expected soon. Here is a status update ... • Extension of payroll tax cut and extended unemployment benefits: Signed into law today by President Obama.

Two speed wages

The Australian Bureau of Statistics (ABS) has just released the Average Weekly Earnings (AWE) data for the November quarter.A breakdown of the key changes is below: According to the ABS, on a seasonally adjusted basis, national total AWE increased by 0.8% in the November quarter, to be 3.7% higher year-on-year. Full-time total earnings increased by [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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