Wednesday, August 26, 2009

GM Dodges Opel/Russian Deal

General Motors is rethinking the sale of Opel to a Canadian/Russian consortium because they fear intellectual property will fall into competitors’ hands. They’d rather sell to Brussels-based RHJ International because, well, they’re not Russian.

Bread Basket Filling Up

Ukraine farmland is being leased by companies from a number of countries, including Britain and Russia. They are all bringing in big equipment and putting together leases covering thousands of acres to grow grain for an increasingly hungry world. Some Ukrainians see the incursion of western-style agriculture as a land grab, others see it as a chance to drive a really big tractor.

Chicken Manure Rocks

Someone in Surrey, British Columbia, fed up with rowdy vagrants loitering in a vacant lot, spread chicken manure on the problem and let the hot sun do its job. The vagrants took off but neighbors, who had to keep windows closed because of the smell, complained to politicians who didn’t like the smell either. They had the chicken manure trucked away and now they’re trying to find out who authorized the stink in the first place. The RCMP was a prime suspect in the case but police investigated themselves and say they’ve ruled themselves out. The chicken farmer who said he sold manure to the police has retracted his story. He now says it was the vagrants themselves bought the manure because they were tired of the lot, because it was vacant, and were desperate for an excuse to move.

Big Numbers

The US deficit is set to top $1.6 trillion dollars this year. We just got used to billions, now we’re on to trillions. I don’t even know what’s next. I just know it’s next.

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