Global Commodities Boom Fuels New Assault on Amazon (6/20/2008) With soaring prices for agricultural goods and new demand for biofuels, the clearing of the world's largest rain forest has accelerated dramatically.
Glencore Plc's billionaire Chief Executive Officer, Ivan Glasenberg, underscored his belief in the longevity of
the global commodities boom by beating his biggest rivals in handing out surplus cash to investors.
Argentina thrived after its default because it was able to sell beef and other farm goods into
a global commodity boom.
The latter look at
the global commodity boom and make the grim diagnosis for Canada of «Dutch Disease.»
Not exact matches
If anything, it shows that thanks to a
boom in LNG production, natural gas is on the verge of becoming a truly
global commodity unbound by the physical constraints of pipelines.
Commodities have always been subject to
booms and busts, rising and falling with the
global economy.
I can't figure out the next step, though — I'm guessing this simply forces the
global imbalances onto the
commodity - exporting countries, which would presumably experience a temporary economic
boom eve while the rest of the world enters recession?