Posted on Sunday, April 03, 2011 at 9:00 pm CDT
But a further significant consideration towards year-end has been the fear of possible defaults on sovereign debts after the decision by Dubai World, a government-owned company, to seek a moratorium on the servicing of its debts, and the downgrade in the credit rating of Greece because of its deteriorating fiscal situation.
Source: Shaw Capital Management News
Posted on Monday, March 28, 2011 at 9:45 am CDT
This penstock feeds the water downhill to a generating station. The natural force of gravity creates the energy required to spin the turbines that in turn generate electricity. The water leaves the generating station and is returned to the river without altering the existing flow or water levels.
Source: Shaw Capital Management News