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China’s oil consumption hits record high in first quarter
Soaring oil prices have not slowed China’s consumption of oil as statistics show that China’s apparent consumption of crude oil and refined oil products both hit record highs in the first quarter of the year.
According to statistics released Tuesday by the

I am not into martial arts or anything like it, but I am a huge fan of the “Bruce Lee approach to life.” Mr. Lee summed up his philosophy very eloquently when he said the following “Absorb what is useful, reject what is useless, and add what is uniquely your own.” This is [...]

Understanding currency moves over the intermediate and longer term is a matter of understanding which ones are “relatively least miserable…” In my view, currencies are analogous to a group of individuals that are arguing over who is more miserable. The country that is relatively less miserable will see its relative price rise.
Governmental and [...]

  

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