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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Smart_Money who wrote (88574)6/29/2002 11:37:40 PM
From: Les H  Respond to of 99280
 
This is inconsistent with a recovering economy...

Crude oil imports decline 12.6% in May

Friday, June 28, 2002 at 17:00 JST
TOKYO — Japan's crude oil imports declined 12.6% in May from a year earlier to 109.57 million barrels, falling for the eighth straight month, the Ministry of Economy, Trade and Industry (METI) said Friday.

Imports from the Middle East fell 13.9% to 95.38 million barrels, and their share of the total slipped to 87.1% from 88.5% in April, METI said. The United Arab Emirates (UAE) outpaced Saudi Arabia as Japan's largest oil supplier in May, despite its exports falling 10.9% to 26.63 million barrels. (Kyodo News)



To: Smart_Money who wrote (88574)6/30/2002 8:33:38 AM
From: orkrious  Respond to of 99280
 
SM, that was a great article. It was so good I just emailed it to my friends. I particularly liked these lines:

The truth is that American business has bought the American executive and legislature alike...The Bush administration has become so attached to the conservative revolution and its attendant free-market fundamentalism that the change in thinking it must now make threatens to be beyond them,