To advertise in
The Boss
please send a .gif or .jpeg that does not exceed a width of 500 pixels
to
globalview@earthlink.net cost is $2000
Limit 1 advertisement per firm, per quarter
ENVIRONMENTAL CRISIS PERSISTS, BUT WORLD BEGINS TO ADJUST
RAW MATERIAL PRICES EXPECTED TO DROP
World News
ENVIRONMENTAL CRISIS PERSISTS, BUT WORLD BEGINS TO ADJUST
New York, New York (geuters)-
The global community is still grappling with the economic and human tolls
exacted by the Antarctic ice sheet break and the manifold environmental
and humanitarian crises it has spurred. With thousands dead and thousands
more in dire need of emergency assistance, the international community
continues to organize and provide relief to the many desperate people
around the world affected by failed harvests, floods, and dislocation
caused by changing weather patterns linked to the ice sheet break and
rising oceanic water levels. International relief efforts to maintain
a global food chain and provide emergency food and medical relief to developing
nations are expected to continue through the fall of 2009. A meeting of
top geological scientists organized by the United Nations has come to
a consensus conclusion that the oceans have reached their maximum expected
water levels as a result of the ice sheet break. The remaining ice packs
in the Arctic and Antarctic regions appear to be durable for the next
few years, this scientific panel agrees. Other scientists predict that
future weather patterns will be favorable for a modest harvest in the
southern hemisphere and, if these patterns continue, for a moderate to
good harvest in the next six to nine months in the northern hemisphere.
An important economic consequence of the massive environmental catastrophe
caused by the ice sheet break is the great increase in the use of nuclear
energy and alternative energy sources around the world to substitute for
the decrease in the use of fossil fuels being utilized by businesses and
governments around the world. Nuclear energy and alternative fuels are
rapidly becoming booming business as political leaders worldwide try to
move their societies and economies away from a heavy reliance on fossil
fuels.
PRESIDENT-ELECT OBAMA PREPARES FOR INAUGURATION
Washington, DC (pa)-
President-Elect Barack Obama is preparing for his January inauguration
when he will become the first African-American to hold the office of President of
the United States in American history. Obama and his Democratic
Party vice presidential running mate, retired general Wesley Clark, defeated
Republican Senator John McCain (Arizona) and his running mate South Carolina
Governor Mark Sanford last month in US presidential elections by a margin
of 52.5% to 48.5% in the popular vote and by a total of 280 Electoral
College votes to 258. Each US state is assigned a number of Electoral
College votes based on its combined number of congressional representatives
and senators (there are 435 members of the House of Representatives and
100 US senators) and the District of Columbia is allotted three votes
for a total of 538 Electoral College votes. "The vast majority of Electoral
College votes are awarded on a winner-take-all basis, that is, the party
nominees who win a plurality, or the most votes, in the popular election
in each state win all of that state's Electoral College votes," explained
American politics expert Orman Nornstein. "The party nominees who win
a plurality of Electoral College votes win the presidential election,
even if they lose the popular vote. This was the case in the 2000 election
which George W. Bush won, for example," Nornstein noted.
The economy posted a 1 point gain from Q3, 2008. All sectors in both the EU and NAFTA reported moderate to strong growth. Central banks in NAFTA and the EU slowed the growth in money supplies attempting to "lightly step on the economic brakes". The T-Bill ended up ½ point to close at 5.5% annual yield.
Investors poured funds back into the stock market as the scope of the ecological disaster became apparent and dealing with it provided many investment opportunities. Commodity markets held up well during the unprecedented crisis and were gaining more stability especially in oil, gas, and food commodities.
New government emission control requirements are expected to cut into profits of most large firms for at least the next three years. However, with strong consumer demand expected, some of the cost may be passed on and increased sales volume will help maintain or even grow net profits. The stock index closed up 10 points to end the quarter at 120.
The auto industry remains an area of mass confusion as firms fight to prove they are capable of producing an efficient volume of electrical and hybrid autos. The Google proposal won support in congress and it is expected that electrical and hybrid autos will make up the bulk of sales in the consumer (not commercial) fleet of new cars within five years.
The exchange rate ending Quarter 4, 2008 was 1.01 EURO's per dollar.
Demand was strong in Q4 although some industry sectors had less demand than expected due to consumers resisting higher prices. Overall, Q4 was a great quarter. The high demand brought down record finished goods inventories and kept some firms out of bankruptcy. Demand is expected to continue at the same level (seasonally adjusted) through 2009.
Raw material prices are expected to continue to be moderate throughout 2009 as the southern hemisphere harvests come in showing strong gains over last year's harvest.
Administrative Notes
Reminders for teams:
You MUST issue at least 300000 shares of stock to begin operations.
You MUST enter the correct peacock selling prices or your contracts with Peacock will be canceled. Do NOT enter contracts with other firms unless you have a confirmed contract with the firm.
When entering decisions do not use commas.
Remember that Peacock does not sell raw materials. You can order raw materials for the next quarter through the raw materials decision menu and they will arrive on the last day of the quarter, ready for use at the beginning of the next quarter.
Be careful with Engineering Budget entries. This budget is entered as thousands, so an entry of 5 would set the engineering budget at $5000, but an entry of 5000 would set the engineering budget at $5,000,000.
You may order a special report from your administrator. The special report has additional reporting for your market group, including average sales rep compensation, ROE, ROI and earnings per share. These reports are updated each quarter so reports from previous quarters are not available after processing for the new quarter.
Peacock Industries (Adv Firm 18)
Peacock Prices for Advanced firms buying products to be delivered in time for sales in Quarter 1, 2009
P1=$56
P2=$99
NPV Listing and Stock Quotes: No results available at this time
