A Better Beige Book; Japan’s Daiichi Swipes Generic Drug Titan; Big Lots “Highly Motivated” to Expand; Corn Hits Another Record; Caterpillar Raises Dividend 17%; Russian Partners to Sue BP; Martha Loses CEO; Office Supply Merger.
A couple of weeks ago there was, you may recall, a story on the front page of the Daily Mail concerning vitamin A and vitamin E. The headline was ‘Can Vitamins Do You Harm?’ and it claimed that ‘ a group of international scientists found no evidence that vitamin pills can extend life or improve people’s health.
China’s growth is no longer breaking news. It becomes exceedingly clear that China is going through a period very similar to what the Western world saw at the turn of the 20th century.