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To: ild who wrote (237570)	4/25/2003 2:12:43 AM
From: ild	Read Replies (1) \| Respond to of 436258

Whip Deflation Now James Grant, 05.12.03, 12:00 AM ET The Federal Reserve is acting as if the U.S. were facing Japan-style deflation. With the CPI up 3%, the real problem is in the other direction. forbes.com

To: ild who wrote (237570)	4/25/2003 6:36:57 AM
From: TobagoJack	Respond to of 436258

Hi ild, <<Broken China ... Don't believe it. The growth figures are cooked>> Yup, them fake growth sure generate a lot of genuine energy demand, plenty of savvy investors, and hard currency cash dividends;0) Chugs, Jay Message 18881372 Buffett link boosts PetroChina ... Berkshire Hathaway ... raising its holding of the company's free-floating shares from 6.71 per cent to 7.17 per cent. ... Templeton disclosed on April 1 that it held 5.7 per cent of PetroChina's H shares ... "PetroChina's price-to-earnings ratio is relatively low compared with international peers, and has a high dividend yield," he said. "China's status as the world's fastest growing energy market is also an attraction." BP is PetroChina's second largest shareholder. It bought 20 per cent of the latter's initial public share offer in 2000 ... Meanwhile, PetroChina said it had raised its stake from 30 per cent to 45 per cent in the oil and gas fields of the Jabung block, in Indonesia, for US$82 million. PetroChina bought its additional stake from international oil firm Amerada Hess. ... The acquisition is a tiny one for PetroChina, which produced 872.4 million boe of oil and gas last year and 221.8 million boe in this year's first quarter alone. P.S. Disclosure Message 18882108