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ALUMINUM MINING (07 Oct 2008)

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WORLD MARKETS ARE MELTING DOWN IN THE MIDST OF INVESTMENT BANK FAILURES AND INSURANCE GIANT BAILOUTS. WHEN WILL IT END, AND HOW LOW CAN WE GO? MONEY MAGAZINE TALKS TO EXPERTS ABOUT HOW THIS COULD HAVE HAPPENED AND WHAT MORE WE CAN EXPECT. ONE IN SIX PEOPLE IN THE WORLD DON'T HAVE ACCESS TO SAFE DRINKING WATER, AND WATER SCARCITY IS A GROWING PROBLEM IN BOTH EMERGING AND DEVELOPED ECONOMIES. A LOOMING THREAT IT MAY BE, BUT THERE ARE THOSE WHO SEE THE INVESTMENT VALUE OF WATER.MACAU'S PROPERTY SECTOR HAS BEEN BOOMING SINCE THE OPENING UP OF NEW GAMING LICENSES FIVE YEARS AGO. BUT THAT'S CHANGED SINCE THE GOVERNMENT PUT A MORATORIUM ON THE GRANTING OF MORE LICENSES EARLIER THIS YEAR. SINCE THEN PRICES HAVE DROPPED CONSIDERABLY, SOME GOING DOWN BY 10 TO 20% IN THE LAST MONTH.

Program: 
Money Magazine
Publish Date: 
Tuesday, October 7, 2008
Station: 
TVB
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