Monday, May 21, 2007

More From Today's WSJ, An Especially Great Issue

1. In India, Clashes Erupt As Industry Expands. India's push to build an industrial manufacturing sector is facing a backlash as villagers are uprooted to make room for factories.

2. With Corn Prices Rising, Pigs Switch To Fatty Snacks. Growing demand for ethanol has pushed corn prices to record levels and farmers are now serving pigs and cattle people food (cookies, licorice, cheese curls, candy bars, french fries, frosted wheat cereal and peanut-butter cups), since it is cheaper than corn.

3. As Meth Trade Goes Global, South Africa Becomes a Hub. As the methamphetamine trade expands globally, South Africa has become a significant market. It is also an emerging smuggling hub as ingredients for the drug make their way from Asia to the U.S.

4. U.S. Investors' Overseas Bets Dent Greenback. As U.S. investors chase profits overseas, there may be an unintended consequence closer to home: pressure on the American dollar.


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