Creole Trail LNG

Creole Trail LNG
Facility Type: LNG

Scope: New Construction
Owner: Cheniere Energy, Inc
Location: Cameron Parish, Louisiana United States
Region: North America
Modified: August 17, 2010

Invest in Muni Bonds Carefully: Vanguard Manager - CNBC

Invest in Muni Bonds Carefully: Vanguard Manager - CNBC

By: Michelle Lodge
Special to CNBC.com

Investing in municipal bonds, or munis, has plusses and minuses, a Vanguard manager told CNBC Wednesday, but overall he recommends putting money in select ones. ...

(EUR) ELLI default rate falls to 17-month low - Leveraged Commentary & Data

(EUR) ELLI default rate falls to 17-month low - Leveraged Commentary & Data

The lagging 12-month default rate for the S&P European Leveraged Loan Index (ELLI) fell to 5.9% in July, a 17-month low, from 6.2% in June, based upon par amount outstanding. At the end of 2009, the rate stood at 10.5%, the highest level since LCD started tracking the ELLI default rate in June 2007.

In the 12 months ended July 29, the ELLI tracked €8.2 billion of institutional loan defaults, down from €8.7 billion at the end of the June and €14.9 billion during 2009.

The ELLI default rate measured by number of issuers remained unchanged in July, at 8.9%, the lowest level since the 8.2% reading in February 2009. During the 12-months ended July 29, 21 issuers defaulted or started the restructuring process, which is equal to the comparable time period ended July 1. At the end of December, the tally was 39. ...

Asian Economies Are Hot Again, And So Are Stock Markets - CNBC

Asian Economies Are Hot Again, And So Are Stock Markets - CNBC

As the US and European Union economies struggle through the hangover of a deep financial crisis, countries in Asia that suffered their own crisis a dozen years ago are posting some of the fastest growth rates in the world. ...

Busch: Recession 2011? - CNBC

Busch: Recession 2011? - CNBC

By: Andrew B. Busch
CNBC Contributor

The San Francisco Federal Reserve has published a report that is generating a lot of buzz in the financial markets. Entitled, “Future Recession Risks,” the paper reviews the predictive capabilities of the US Conference Board’s Leading Economic Index. This report has been cited in several articles providing outlook for a double dip recession and generating additional angst for investors. ...

"For example, the spread between 10-year Treasury bond and the federal funds rate works best 18 months into the future, whereas the initial claims for unemployment insurance indicator works best two months ahead. Clearly, one should give more weight to the rate-spread indicator than the initial claims indicator when forecasting in the long run, but less weight when forecasting in the short run."

“Historically, this spread, which summarizes the slope of the interest rate term structure, has been a very good predictor of turning points 12 to 18 months into the future. Specifically, an inverted yield curve has preceded each of the last seven recessions.”

WNET signs lease at Worldwide Plaza

WNET signs lease at Worldwide Plaza
August 17, 2010 08:30 AM

Worldwide Plaza at 825 Eighth Avenue

WNET, the parent company of public television’s Channel 13, has signed a 95,000-square-foot lease at Worldwide Plaza at 825 Eighth Avenue between 49th and 50th streets, taking two floors in the 1.8 million-square-foot tower, the Post reported. Terms for the Worldwide Plaza lease were not released, but asking rents there run from $52 to $59 a square foot. The deal marks an important step forward for the building, which was purchased last year from Deutsche Bank for $605 million by a George Comfort & Sons-led partnership after Deutsche took it back from Harry Macklowe. The WNET deal is the first section being leased out of the 640,000 square feet that became available after advertising agency Ogilvy & Mather moved out in 2009 (note: correction appended). WNET will move from its current corporate headquarters at 450 West 33rd Street by the end of the year. WNET was represented by Cushman & Wakefield’s Charles Borrok and Barry Zeller in the transaction. The landlord was represented in-house by Peter Duncan, George Comfort CEO and president, and Matthew Coudert, executive vice president.

Brookfield Asset Management: A perfect predator

http://www.canadianbusiness.com/business-strategy/brookfield-asset-management-a-perfect-predator/

Brookfield Asset Management: A perfect predator
Brookfield Asset Management isn’t brash. It doesn’t take a lot of wild risks. It waits for the right opportunity, and then it pounces.

Aug 16, 2010 Joanna Pachner

Bruce Flatt just dissed Warren Buffett. Realizing his blunder, he practically lunges at the tape recorder and extracts a promise that he won’t be quoted. Flatt greatly admires the investing oracle—he wants that clear—and doesn’t want to seem arrogant.

Economy - Double Dip? A Tipping Point May Be Near - CNBC

Economy - Double Dip? A Tipping Point May Be Near - CNBC

By: Jeff Sommer
The New York Times

Like a car spinning its wheels, the American economy hasn’t been getting much traction. Many financial indicators are issuing worrisome signals, millions of people are still out of work, and growth is slowing. ...

Is Docklands sinking Melbourne @ 5 Million?

Is Docklands sinking Melbourne @ 5 Million?
ALAN DAVIES | AUG 12, 2010 7:26PM

Docklands has been roundly and rightly criticised for its appalling urban design but it has nevertheless been spectacularly successful in attracting business to locate by the water.

http://blogs.crikey.com.au/theurbanist/2010/08/12/is-docklands-sinking-melbourne-5-million/

Hidden Trillions Widen China's Wealth Gap: Report - CNBC

Hidden Trillions Widen China's Wealth Gap: Report - CNBC

By: Reuters

China's richest citizens are even wealthier than the statistics suggest, and may hold as much as 9.3 trillion yuan ($1.4 trillion) of hidden assets, according to a Credit Suisse-sponsored study by a top economic think-tank. ...