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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (14162)	2/8/2007 10:57:10 AM
From: elmatador	Read Replies (2) \| Respond to of 217651

if US attacks Iran, it would respond by striking U.S. interests all over the world — the latest sharp exchange in an escalating standoff between the two countries The United States is reaping "the expected bitter fruits of its ill-conceived adventurism," he said. United States administration is trying to sell an escalated version of the same failed policy. It does this by trying to make Iran its scapegoat and fabricating evidence of Iranian activities in Iraq," he said. Iran's intelligence minister also said the government had detected a network of U.S and Israeli spies, and had detained a second group of people who planned to go abroad for espionage training, state television reported. It gave few details. The allegation comes just a few days after an Iranian diplomat was detained in Baghdad in an incident that Iran blamed on U.S. forces. U.S. has large numbers of troops in Iraq, Afghanistan, central Asia and Europe, it would be easy to kidnap Americans in retaliation. news.yahoo.com

To: TobagoJack who wrote (14162)	2/8/2007 2:32:48 PM
From: SouthFloridaGuy	Read Replies (3) \| Respond to of 217651

Jay Chen have you changed your screename? I look to have some great conversations with you again. Looks like you beat Maurice Winn to a pulp. :-) Cheers!

To: TobagoJack who wrote (14162)	2/8/2007 3:51:12 PM
From: elmatador	Read Replies (1) \| Respond to of 217651

HK based Noble Group bought sugar mill in Brazil to make sugar and ethanol. TJ, what are you teeling your friends there? Are you telling them that Elmat persuaded you? :-) Noble Group Pays $70 Million for Brazil Sugar Mill By Feiwen Rong Feb. 8 (Bloomberg) -- Noble Group Ltd., a Hong Kong-based commodities supplier, bought a sugar mill in Brazil for about $70 million and plans to spend as much as $200 million in a major expansion of the plant as it builds on its ethanol business. Noble bought Usina Petribu Paulista Ltda., a sugar mill in Sao Paulo state able to crush 2 million metric tons of cane to make sugar and ethanol. As part of the deal, Noble will also buy Meridiano, a company which owns land and various licenses, Noble Group said in an e-mailed statement. The purchase expands Noble's interests in Brazil, the world's biggest and lowest-cost sugar producing and exporting nation. The company already accounts for 10 percent of total Brazilian ethanol exports. Noble, which supplies raw materials from coffee to iron ore, said the investments will bring the company closer to ``controlling its own sugar and ethanol global supply chain.'' Noble will fund the acquisitions through cash and bank loans, the statement said. The company's Singapore-listed shares, which have fallen 14 percent in the past year, fell 3 cents, or 2.4 percent, to S$1.21 in Singapore. Noble also has ethanol processing operations in the Caribbean and distribution assets in the U.S., the company said. The sugar mill in Sao Paulo state is designed for an easy upgrade to double crushing capacity to 4 million tons of sugar cane a year, enough to produce as much as 600,000 tons of sugar or 88 million gallons of ethanol, the company said. Noble will spend up to $200 million to further expand the plant to a crushing capacity of 10 million tons of cane over the next few years, it said. Raw sugar prices in New York fell yesterday to the lowest since September on expectation that supply will outstrip demand this year. Sugar futures for March delivery fell 0.07 cent, or 0.7 percent, to 10.12 cents a pound on the New York Board of Trade. To contact the reporter on this story: Feiwen Rong in Singapore at Frong2@bloomberg.net