Tuesday, February 19, 2008

Quick Overview

  • YoY Consumer prices in Canada rose 2.2%

  • Czarnikow lowered the world sugar production surplus for 2007-2008 from 10.5 to 9.7 million tons.

  • The Supreme Court turned down a legal challenge to the warrantless domestic spying program Bush created.

  • Toshiba is pulling out of the HD DVD business, handing victory to Sony's Blu-ray.

  • Fidel Castro retired.

  • Banks "quietly" borrowed $50 billion from the Fed.


  • Crude oil rose to $100.10 on speculation OPEC will cut production.

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