1\. The extraction of oil and gas from shale and rock begins to be a game changer. The price of oil drifts back to $85 a barrel and the United States becomes less dependent on Middle East supply. Deposits in Poland, Ukraine and elsewhere prove promising as well.
The continuation of the Bush tax cuts coupled with the extension of unemployment benefits has put all working Americans in a better mood. Real Gross Domestic Product rises close to 5% in 2011 driven by improved trade and capital spending in addition to stronger retail sales.
1. The **United States economy** grows at a stronger than expected 5% real rate during the year and the unemployment level drops below 9%. Exports, inventory building and technology spending lead the way. Standard and Poor’s 500 operating earnings come in above $80.
_And the financial crisis goes on … And the politicians still think they can avoid the painful solution and try to sustain asset prices. But the prices of many assets are bubble prices and these prices need to fall to market levels.
As the world decries Israel’s attempt to defend itself from the rocket attacks coming from Gaza, consider this: When Hamas routed Fatah in Gaza in 2007, it cost nearly 350 lives and 1,000 wounded.
1. The **Standard and Poor’s 500** rises to **1,200**. In anticipation of a second-half recovery in the US economy, the market improves from a base of investor despondency and hedge fund and mutual fund withdrawals. The mantra changes from “fortunes have been lost” to “fortunes can still be made”.
BILYI KAMIN, Ukraine — The vast collectives that fed the Soviet Union are now a patchwork of tiny gardens, fields and vacant lots. But combined, they could help feed the world: Russia, Kazakhstan and Ukraine have fertile yet untilled land the size of Idaho.
45 ml Gin, 15 ml Grand Marnier, 22 ml frischer Orangensaft, 8 ml frischen Limettensaft, 1 Schuss Angostura. Alles zusammen mit Eis in den Shaker und dann ins Cocktailglas absieben.
Combine in a blender and frappe until the drink is foaming. Serve in a large cocktail glass, champagne saucer, or goblet. Note: maraschino liqueur is NOT the same thing as syrup from a cherry jar. Fire any liquor store that tells you otherwise.
