Three years after Sarbanes-Oxley was enacted a major commodities firm, Refco, collapsed amid brazen accounting fraud.
Three commodities producers and two major commodities consumers, all trying to avoid the calamity of the Western world.
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Mr. Hariharan: Singapore is closest to the largest producers and consumers of major commodities, but the proximity is just one thing.
They held monopolies on the distribution and import of major commodities.
In West Africa, for instance, between the turn of the century and World War II, there was a major agricultural boom in commodities such as cotton, cocoa and kola.
"A further slowdown in China would affect commodity exporters in the region particularly strongly, since, with the exception of Timor-Leste, China is their major trade-partner in commodities, " the World Bank said in its latest report on the region.
Commodities will get a major lift if the Fed implements another round of quantitative easing, according to note from UBS analysts.
Japanese trading houses, long major players in global energy and commodities markets, recently have stepped up acquisitions in the global water business as they seek to tap a growth market with stable cash flow.
Much of that growth will take place in booming China, where robust demand is expected to keep up prices of oil and other commodities like copper which is a major component of, for example, electrical wire.
It is a major exporter of machinery and electronic components, agricultural commodities, and jewellery.
But, of course, the monetary extravagance fired up commodities across the board--all the major ones are significantly higher than they were three years ago.
The former official also said he was confident a flap over Clinton's pardon of commodities trader Marc Rich would not be a major hurdle for Holder with a Democratic Congress.
But the prices of food, land and agricultural commodities could be driven up, it warns, with major impacts in poorer countries where people spend a much greater share of their incomes on food than in developed nations.
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Before that time, it was basically clear that outside of wartime (when gold-standard conventions were often suspended), you could basically count on the dollar holding its value against major things like the consumer price level, foreign currencies, and commodities such as gold itself.
In a conversation with a fund manager I explained how many semiconductors (memory chips in particular) are capital-intensive commodities with a 2-year lag from the time a major capital investment is made to when it reaches full production capacity.
Just as central banks in China, India, Russia and many other nations view gold as a monetary reserve protection against the falling dollar, major academic institutions are looking for new asset classes like precious metals and commodities to produce returns that can be put to work as a source of funds for a large portion of college operating expenses.
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The commodities were generally supported on Wednesday by the unexpected move by the major world central banks to pump liquidity into the world financial system.
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South America is the world's major exporter of raw materials, and Asia's sharp recession pummeled prices for commodities, including copper, grains and oil.
China has also become another major consumer for LNG as it looks to replace its heavy dependence of oil based commodities with LNG.
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Anyone owning Windsor I or any value fund with major holdings in metals, paper, petrochemicals and oil should pray for a strong commodities market.
The CPI might go up 125% in one decade (as it did 1971-1981), the dollar could permanently lose 66% against major currencies (as it did against the yen in this period), and commodities could shoot up ten-to twenty-five fold (as was the case with oil and gold).
Because incremental production in these commodities is a multi-year endeavor, strikes, floods and droughts are major variables in near-term pricing.
The major technical trend for the majority of the commodity markets is still positive, as is the global demand outlook for commodities.
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