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Dozens of official reports, plans and national strategies, and promises of technical help, have failed to overcome a vicious circle: most herders are poor, have too few animals, and cannot afford the improvements in breeding, pasture management and shearing needed to raise fibre quality and yield.
ECONOMIST: Misguided mercantilism, or self-help
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Still, the rising rates in Australia could lead other countries on better economic footing to raise rates giving investors seeking safety and yield in sovereigns options outside of the U.S., which held major successful Treasury auctions Tuesday.
FORBES: Magazine Article
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Growing earnings make it easier for the company to raise its dividend, which currently has a modest 3.1% yield.
FORBES: Buffett Owns Shares Of This Bank, So Should You
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The State Bank and the Ministry of Agriculture took measures to raise the mandatory support price for farmers, trying to increase next year's cane yield.
FORBES: Companies, People, Ideas