Note
Wednesday-Night creates charts and follows stocks, including timely related financial news items, in which Wednesday Nighters are interested and in order to demonstrate a service that could eventually be developed and marketed. Wednesday Nighters are invited to participate and help to test the service. see Wednesday-Night.com Flip charts
QUOTES of the EVENING from recent Wednesday Nights
Stephen S. Poloz VP EDC Economics Weekly Commentary Inflation’s Great Disappearing Act - August 27, 2008 It’s the last thing anyone would expect when we’re all bracing for slowdown. But surging food and energy prices put inflation high on the list of economic worries earlier this year. World prices for food and energy have since slipped back, but inflation fears remain. Will those fears dissipate? Past issues | his WN page
1 Sep 2008 Exporting bulk water is the wrong way to go
Water exports are a recurring, ever-controversial theme in Canada. From Soviet-style schemes such as the 1960s Grand Canal proposal to divert James Bay water to the United States, to more recent commercial plans to ship water from Newfoundland's Gisborne Lake and Ontario's Lake Superior, dozens of failed attempts to export water have generated thousands of pages of debate.
Monday 01 September 2008 Freshwater exports for the development of Quebec’s blue gold Research Paper on the exploitation of Quebec’s water resources
August 27, 2008 / by Marcel Boyer Fresh water is a product whose relative economic value has risen substantially and will keep rising in the coming years. It has become a growing source of wealth and an increasingly worthwhile investment opportunity. Without better management of this resource, the emergence of water distress can be expected in many highly populated areas of the world. This study aims to present a general portrait of the possibilities open to Quebec in selling and exporting fresh water, to assess Quebec’s competitive advantage and potential in this regard and to define the role and responsibilities that the existence of this potential imposes. Publication (PDF format)
NEW YORK (Reuters) - Two of the biggest U.S. bond investors said
they would get involved in a capital raising by Fannie Mae
and Freddie Mac as long as the U.S. Treasury participates in
the new deals. Full Article
WASHINGTON (Reuters) - Sales of previously owned U.S. homes ticked
higher in July thanks to lower prices, but record inventory
suggested the battered housing market is unlikely to recover
soon, a trade group report showed on Monday. Full Article
NEW YORK (Reuters) - U.S. stocks fell sharply on Monday as credit
concerns hounded financial stocks while global growth worries
hurt big technology and industrial companies. Full Article
(Reuters) - The International Monetary Fund has trimmed its forecasts
for 2008 and 2009 world economic growth, largely due to a marked
worsening in the outlook for the euro zone, a G20 finance official
told Reuters on Monday. Full Article
NEW YORK (Reuters) - Ailing mortgage finance company Freddie
Mac easily sold $2 billion of short-term debt on Monday, reassuring
investors that it and rival Fannie Mae can fund operations without
a government takeover. Full Article
RIYADH (Reuters) - U.S. investment bank Morgan Stanley said
on Monday its Saudi unit has signed the kingdom's first swap
agreement, a vehicle that allows foreigners to buy into listed
stocks through intermediaries. Full Article
NEW YORK (Reuters) - Wells Fargo & Co wants to buy insurance
distribution and wealth management companies but it's "highly
unlikely" it will bid for a large banking rival, Chief Executive
John Stumpf told the Financial Times in an interview. Full Article
SEOUL (Reuters) - A top regulator on Monday voiced concern about
state-run Korea Development Bank's (KDB) interest in buying
a global bank, saying it should be just a "cheerleader" and
let local private banks take the lead in any such purchase. Full Article