| Ag Briefs
Investigators say they're not sure why, but the number of cattle thefts has jumped sharply in California. State officials say thefts during the past six months have risen 40 percent, compared to the same time a year ago. Cattle ranchers throughout the state have reported thefts. As many as 30 cattle at a time have been stolen, and branded cattle have been stolen in larger numbers. Detectives say they suspect many of the stolen animals are transported out of state. Governor seeks 'sweet spot' in water talks Governor Schwarzenegger renewed his call for a comprehensive water plan Tuesday, saying he's continuing to negotiate with legislative leaders. In a speech to county government officials, Schwarzenegger said California needs to invest in additional water efficiency, flood control, storage and conveyance.
U.S. attitude toward debt has seen 'cultural change'
At a time when subprime mortgages have triggered turmoil in the housing and credit markets, Robert Manning's presentation before a group of financial educators last month couldn't have been timed better. Manning, director of the Center for Consumer Financial Services at Rochester Institute of Technology and author of Credit Card Nation, chronicled how our attitude toward debt has evolved. "We've gone from a society that promotes long-term planning and investing" to one where children no longer work extra hours or get a part-time job to save for something they want, he said. "They go to an ATM, and it spits out money," Manning told attendees of the Annual Conference on Financial Education presented by the Institute for Financial Literacy. Changes in attitudes toward debt Way back when, cash was king.
(AFX UK Focus) 2007-11-20 17:27 GMT: Amsterdam shares close higher as Wall Street rallies - UPDATE
(Updating with full report) AMSTERDAM (Thomson Financial) - Amsterdam shares closed higher as Wall Street rose following positive results from Hewlett-Packard Co. and ahead of minutes from the Federal Reserve's last meeting. The AEX closed 0.56 pct or 2.75 points higher at 493.84, after trading in the range 484.92-495.04. Government bonds traded lower while the euro stood at 1.4785 usd versus 1.4663 usd late yesterday. Unibail-Rodamco led blue-chip gainers, closing 6.31 pct up at 145.93 eur, while steel giant ArcelorMittal climbed 4.20 pct to 48.64 eur as it said it plans more investments in Mozambique's steel and mining sectors and will build a new bar rolling mill with a capacity of 400,000 tons per year as part of a cooperation agreement it has signed with the government.
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