COMMODITIES

World Bank President? Third World Candidates Emerge

World Bank President Zoellick speaks at a news conference
President Barack Obama must nominate a new President of the World Bank soon, ahead of its June annual meeting in Washington. Two Third World candidates have been mentioned but another American is the likely winner.
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A "Rose in the Desert"?

Asma al-Assad: Modern Day Marie Antoinette?

French Queen Marie Antoinette -- who historically bears the brunt of having uttered the four words, summing up the obliviousness of the French monarchy to the poverty of the peasants, prior to the French revolution -- may have found her modern day avatar in the Syrian first lady Asma al-Assad. Upon learning that her subjects had no bread to eat during the famine that occurred in France due to the mismanagement of treasury, Antoinette, wife of Louis XVI of France, famously remarked: Let them ...
DJIA

US Stocks: Dow 13,000 - Market Top or Pit Stop?

You can't blame investors for feeling a bit squeamish regarding deploying new money in the U.S. stock market these days, despite the Dow Jones Industrial Average's (DJIA) recent rise to 13,000. Where's the Dow headed in the next three months?
Maoist politician Bo Xilai was fired from his position as the Communist Party Chief of Chongqing

Bo Xilai Fired: What His Downfall Means For China

Bo Xilai has been sacked from his position as the Communist Party Chief of Chongqing. The state-owned Xinhua News Agency’s coverage of the event was brief and unceremonious, belying its critical significance.
Afghanistan Shooting Timeline: What's Really Happening At Joint Base Lewis-McChord?

Afghanistan Shooting Timeline: What's Really Happening At Joint Base Lewis-McChord?

Joint Base Lewis-McChord has once again come under media and military scrutiny after a rogue soldier from that base murdered 16 civilians in southern Afghanistan on Sunday. With some of the most notorious cases in recent military history all centered on this base and its veterans, officials would do well to look closer at what really goes on inside the military base.
Buffett backed China car maker scraps dividend; profit dives

Technology Buybacks: IBM, HP, Qualcomm, Intel But Not Apple

Top-tier technology companies including Hewlett-Packard (NYSE: HPQ), IBM (NYSE: IBM), Intel (Nasdaq: INTC), Qualcomm (Nasdaq: QCOM) and Applied Materials (Nasdaq: AMAT), among others, all buy back shares. Qualcomm and Applied Materials have just refreshed their buyback programs and hiked their dividends, too.

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