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Hugo Chavez Leaves Venezuela Rich in Oil, But Ailing

2013-03-06 19:04:00| Climate Ark Climate Change & Global Warming Newsfeed

National Geographic: Venezuela's oil wealth fueled Hugo Chavez's socialist programs at home and policies abroad, but the world's largest petroleum reserves were never enough to deliver prosperity in his 14-year rule. One of Chavez's final acts, ordered last month from his hospital bed, was to cut the price of the national currency by a thirdthe seventh devaluation of his presidencyin an attempt to narrow a staggering deficit with a hike in the cost of living for Venezuelans. He died yesterday at the age of 58, leaving...

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VIDEO: Mexican tops Forbes rich list again

2013-03-04 17:21:31| BBC News | Business | UK Edition

Mexican tycoon Carlos Slim has topped Forbes magazine's list of the world's richest billionaires for a fourth year

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Slim tops Forbes rich list again

2013-03-04 15:53:24| BBC News | Business | UK Edition

Mexican tycoon Carlos Slim again comes top of Forbes magazine's annual list of the world's richest billionaires, while Warren Buffett slips back.

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Rich Assets, Cheap Shares

2013-03-02 17:57:59| Industrial Machines - Topix.net

Forestar Group owns real estate, energy, water and timberland assets. It trades at a 40% discount to net asset value, but the gap soon could start to close as the housing market improves.

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Rich Assets, Cheap Shares

2013-03-02 15:15:03| Paper - Topix.net

Forestar Group owns real estate, energy, water and timberland assets. It trades at a 40% discount to net asset value, but the gap soon could start to close as the housing market improves.

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