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Archive for April, 2011

GDP of a country gives some idea about how well it is doing in terms of production. In the last two centuries, Western economies overwhelmed others by far. In the 1950s, US and Europe combined made up 60% of world economy. That’s not counting Canada, Mexico and Australia. If we look at the fractional share [...]

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There are three factors driving crude prices higher. 1. NATO led War against Libya means a major supplier is unable to supply any oil. 2. Nuclear crisis in Japan makes people nervous about future of nuclear energy- especially in earthquake prone regions. But that’s not all. 3. Production of oil in the US are low. [...]

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How to see bengali fonts in Anandabazar patrika, Aajkaal, Bartaman on an Ubuntu system.

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Oil is now selling at $126 a barrel (at London Brent.) If it keeps going too high, leaving moving average (average price of a barrel for the past few days) too far behind, then people will expect price to fall, sooner or later. Sale will slow down, market will be oversupplied- leading to a precipitous [...]

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