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Sep 23, 2010
Oil at 80 dollars, up 1 percent, with expectations of increased demand
Oil at 80 dollars, up 1 percent, with expectations of increased demand
Futures prices of crude oil near 80 dollars a barrel to settle at the end of Ta which dominated the concerns raised earlier that the cause of the decline of credit tightening, demand growth in the largest country in terms of oil consumption in the world.He played down the Federal Reserve raised speculation that the sudden the discount rate on Thursday, marking a change in monetary policy. Oil prices fell initially after the Council lifted the discount rate a quarter percentage point to 0.75 percent.
The government data showed U.S. consumer prices rose only 0.2 percent in January, reassuring investors that the policy of access to credit helped lift the world's largest economy from recession and fueled the demand for fuel is likely to continue.
And when you close the deal in the New York Mercantile Exchange, the price of U.S. light crude in March contracts settled at 75 cents, or 0.95 percent to 79.81 dollars a barrel, after falling earlier in more than dollars to 77.76 dollars a barrel.
In London, Brent crude jumped European benchmark crude 44 cents to 78.22 dollars a barrel.
Meanwhile, Mohammad Ali Khatibi representative of Iran in the OPEC: It's based on predictions, the global demand for oil in the second half of 2010 will increase an average of one million to 4.1 million would bring the price of oil. The official said the Organization of Petroleum Exporting Countries "OPEC": The members of the organization plans to spend up to 65 billion dollars in the petroleum industry manufacturing to expand refineries and boost production from petroleum products refined during the next five years to meet the increasing demand for these basic materials in the promotion of industrial development. He pointed out that 40 billion dollars will be invested within the OIC countries to increase production capacity of refined products in Member States by two million barrels a day to reach 10 million barrels per day while that will be about 25 billion dollars for investments outside the organization to contribute in strengthening the capacity of the world refineries and of empowering the supplies of refined petroleum international markets hungry for this kind of fuel
Futures prices of crude oil near 80 dollars a barrel to settle at the end of Ta which dominated the concerns raised earlier that the cause of the decline of credit tightening, demand growth in the largest country in terms of oil consumption in the world.He played down the Federal Reserve raised speculation that the sudden the discount rate on Thursday, marking a change in monetary policy. Oil prices fell initially after the Council lifted the discount rate a quarter percentage point to 0.75 percent.
The government data showed U.S. consumer prices rose only 0.2 percent in January, reassuring investors that the policy of access to credit helped lift the world's largest economy from recession and fueled the demand for fuel is likely to continue.
And when you close the deal in the New York Mercantile Exchange, the price of U.S. light crude in March contracts settled at 75 cents, or 0.95 percent to 79.81 dollars a barrel, after falling earlier in more than dollars to 77.76 dollars a barrel.
In London, Brent crude jumped European benchmark crude 44 cents to 78.22 dollars a barrel.
Meanwhile, Mohammad Ali Khatibi representative of Iran in the OPEC: It's based on predictions, the global demand for oil in the second half of 2010 will increase an average of one million to 4.1 million would bring the price of oil. The official said the Organization of Petroleum Exporting Countries "OPEC": The members of the organization plans to spend up to 65 billion dollars in the petroleum industry manufacturing to expand refineries and boost production from petroleum products refined during the next five years to meet the increasing demand for these basic materials in the promotion of industrial development. He pointed out that 40 billion dollars will be invested within the OIC countries to increase production capacity of refined products in Member States by two million barrels a day to reach 10 million barrels per day while that will be about 25 billion dollars for investments outside the organization to contribute in strengthening the capacity of the world refineries and of empowering the supplies of refined petroleum international markets hungry for this kind of fuel
Bill Gates
Bill Gates
It has been a year of reclamation for America's richest. The total worth of the Forbes 400 was up 8% to $1.37 trillion, well out-earning the 1% rise in the S&P over the same period of time. More than half (217) are richer than they were a year ago.
The headline number tells a partial story. Just over one-third of the 400 failed to add to their fortunes or lost ground. Still far above us is the record of $1.57 trillion in total net worth set in 2008.
The headline number tells a partial story. Just over one-third of the 400 failed to add to their fortunes or lost ground. Still far above us is the record of $1.57 trillion in total net worth set in 2008.
But the very top of the list gained, as good friends Bill Gates and Warren Buffett were up $4 billion and $5 billion, respectively. They, too, are short of their personal highs. Gates, who in March lost his title of world's richest person to Mexico's Carlos Slim, is still America's richest person--for the 17th year in a row.
In Pictures: America’s Wealthiest
Warren Buffett Talks With Jay-Z
Newcomers On The Forbes 400 Youngest American Billionaires
Billionaires In The Making
Las Vegas gaming tycoon Sheldon Adelson was the kid, or "comeback adolescent," as he calls himself. "I'm too old to be a kid," he told Forbes. The largest shareholder of Las Vegas Sands ( LVS - news - people ) is the year's biggest dollar gainer. His casino's shares are up 1,500% since their 2009 low. Adelson is now the 13th richest American, worth $14.7 billion, up $5.7 billion from last year--though nowhere close to his $28 billion net worth in 2007, when he ranked third among Americans.
Warren Buffett Talks With Jay-Z
Newcomers On The Forbes 400 Youngest American Billionaires
Billionaires In The Making
Las Vegas gaming tycoon Sheldon Adelson was the kid, or "comeback adolescent," as he calls himself. "I'm too old to be a kid," he told Forbes. The largest shareholder of Las Vegas Sands ( LVS - news - people ) is the year's biggest dollar gainer. His casino's shares are up 1,500% since their 2009 low. Adelson is now the 13th richest American, worth $14.7 billion, up $5.7 billion from last year--though nowhere close to his $28 billion net worth in 2007, when he ranked third among Americans.
The biggest gainer in percentage terms is Mark Zuckerberg, who more than tripled his fortune to $6.9 billion. The more conservative private valuation of Facebook is now around $23 billion; illiquid shares in the secondary markets point to an even richer valuation. Two of his cofounders are in the ranks for the first time: Eduardo Saverin and Dustin Moskovitz, both classmates of Zuckerberg's at Harvard. Moskovitz, who is eight days younger than Zuckerberg, now bragging rights as the world's youngest billionaire.
The Facebook cofounders are among 16 newcomers on this year's list. Other notables include Dean Metropoulos, whose private equity firm recently bought Pabst Brewing; Terrence Pegula, who sold his Pennsylvania mining outfit to Royal Dutch Shell ( RDSA - news - people ) for $4.7 billion in May; and Elaine Wynn, whose divorce from casino magnate Steve Wynn was finalized in January.
The price of admission to the 400 is back up to the $1 billion mark. Last year it was $950 million, the first time since 2005 it had fallen below 10 figures. The most notable of the 18 returnees is Ford Motor ( F - news - people ) scion William Ford Sr., who made the cut after a four-year absence as the automobile company's stock hit five-year highs.
Thirty-four people fell from the ranks, a number of whom just barely missed the cut. At least two saw their fortunes unravel. Tamir Sapir, a former taxi driver who built a real estate fortune, owes at least $340 million for nonpayment of loans, his creditors say. He may be suffering from deteriorating mental condition. Hedge fund chief Raj Rajaratnam faces insider trading charges.
Nine of the drop-offs fell off the list permanently. John Kluge passed away this summer. He was America's richest man from 1989 to 1991, before losing the title to Bill Gates. Yankees owner George Steinbrenner died in July just, after his 80th birthday.
Our estimates of public fortunes are a snapshot of wealth on Aug. 25, 2010, the date we locked in net worths and rankings. We have not included dispersed fortunes (as in those of the Du Ponts) when individual net worths are below our minimum. But we do include wealth belonging to a member's immediate relatives if the wealth can ultimately be traced to one living individual; in that case, "& family" indicates that the number shown includes money belonging to more than one person.
Every man has a special talent
Everyone has a talent, what is your talent,
To the security piece now please answer
To the security piece now please answer
God gave us talents you knew every one of us What talent to the Lord grant
Creative people are known only from the Lord's grace to discover their talents and managed to exploit and develop their talents even have made great gains
Thanks to the grace of the Lord (talent self) _
Thanks to the grace of the Lord (talent self) _
Every successful person even if it failed several times and is successful
Because success is born of failure
Let's go together to discover the talents in ourselves more success for each person
Because success is born of failure
Let's go together to discover the talents in ourselves more success for each person
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