UPDATE ON THE STOCK MARKET . Witten Friday, June 20th, 2008: 6:30 a.m. Looked to me like yesterday’s stock market rally was a knee-jerk reaction to China announcing it was going to raise oil prices by 17%. Crude dove on the news while stocks jumped. But if one thinks it through, is China raising...
GLOBAL VIEW . CHINA , THE OLYMPICS & STEVEN SPIELBERG . Trouble Begins! Looks like exactly what China’s government has to fear is starting to unfold. You see, famous American film-maker Steven Spielberg had signed up to add some glitz to the upcoming August Beijing Summer Olympics ceremonies. But...