international

I hate using the CEO of the Pupper Master Corporation, Government Sachs (GS) as my support , but even HE thinks we're in for a long recession. Considering Goldman is privy to information many of us will never be allowed to be let in on,it just further supports my views...

WWA Group, Inc. announced the results of its most recent Dubai auction, which was held between February 21 and 23, 2009. Gross auction sales surpassed $22.5 million, involving the participation of more than 410 registered bidders from 29 countries. More than 1,300 items were sold to 230 successful bidders. The company anticipates holding five more auctions in Dubai this year.

Why is solar depressed in the US, and why isn't Wall Street promoting these companies? There hasn't been a growth story like this to get excited about for decades. Over the last 10 years GE spent $178M furthering their agenda on Capitol Hill, which makes them the largest single corporate lobbying entity. The saying goes, "What's good for Big Oil..."

Roger Nusbaum of greenfaucet debunks the myth of decoupling in this brilliant piece.

Lakeland Industries, Inc. (LAKE), a manufacturer of protective clothing and safety garments, reported second quarter 2009 financial results this morning. Revenues rose to $27.6 million, an increase of 27% year-over-year and a quarterly record. Net income rose 114% to $1.6 million, or 30 cents per share, compared to $0.8 million, or 14 cents per share a year ago.

Power of the Dream Ventures, Inc. (PWRV.OB) is pleased to announce the licensing of its FireSAFE technology to a group of Hungarian technology investors/managers. Power is one of Hungary’s premier acquisition and development companies focusing on the technology section.

RBS analysts have warned clients to brace for a full-blown crash in the global stock-and-bond markets over the next three months as the conflicting realities of slowing growth and rising inflation paralyze the world’s major central banks - causing “all the chickens [to] come home to roost,” Great Britain’s Daily Telegraph newspaper reported.

How will we know the credit crisis and banking fiasco are truly over? We won’t. But there’s a damn good indicator that will show us the way - the London Interbank Offer Rate, usually referred to as LIBOR. And right now LIBOR tells us that this financial mess still has room to run.

With key countries in the world economy spiraling toward recession, and even India and China panicking about domestic inflation levels, there’s one country in particular that still seems to offer good value in its equities markets, thanks to an economic outlook that combines decent growth and only modest inflation.

Middle Eastern countries know their oil supplies aren’t going to last forever. So they’re pumping more than $2 trillion into new, long-term economic projects - such as brand new cities that will function as both business and vacation hot spots.

Chances are, you have never heard of Harsco… an industrial company that does everything from on-site work outsourcing to roofing scaffolding, from railroad tracks to mineral air-abrasives. I recently made a “buy” pitch recommendation for Harsco as a manager of the Nittany Lion Fund. As a great company that is totally flying under the radar in my view, you need to take a look!