To caffeine addicts negotiating the recession, this ought to give you a jolt: production problems are driving up the cost of coffee and tea on international markets.
Tag Archives: Recession
Prince Harry to Make His New York City Debut. Quietly
Attention aspiring princesses: Prince Harry has almost landed. On Friday, the 24-year-old prince begins a two-day tour of New York City, his first international trip as a representative of the British royal family. Among other things, he’ll meet with families who lost loved ones on September 11 and visit soldiers injured in Afghanistan and Iraq at Manhattan’s Veterans Affairs Medical Center
Even Stanford Grads Are Hurting in the Downturn
Greens Celebrate Cap-And-Trade Victory Cautiously
Environmentalists savored a long-awaited victory on Thursday when the carbon cap-and-trade bill fashioned by Democratic Representatives Henry Waxman and Edward Markey passed out of the House Energy and Commerce Committee, putting it on the road to becoming a law. Supporters had to withstand over 400 amendments filed by Republicans during the markup of the bill this week, but it’s now possible the U.S. could see climate legislation go into effect by the end of the year
Plunge in Global Trade Is a Boon for Singapore Ship Suppliers
As the sun rises over the Singapore Strait another long day for Arnold Lee begins. On a launch chugging out of Singapore harbor, the shipping agent’s job that morning is to smooth the immigration process for three anxious-looking seamen, from Greece, Ukraine and Romania, who are joining the crew of a 200-m-long bulk carrier anchored an hour southeast of Singapore.
Obama to Tighten National Fuel-Economy Standards
In a landmark decision on climate change and energy, President Barack Obama will announce tough new vehicle gas-mileage standards on Tuesday, the first ever national limits on greenhouse-gas emissions. The new policy, which was worked out between Washington, state governments and the auto industry, will require automakers to meet a minimum fuel-efficiency standard of 35.5 miles a gallon by model year 2016 four years earlier than Congress currently requires. Not only could the move potentially kick-start the sputtering U.S