Third Quarter 2007, Volume 9, Number 3

In the summer of 2007, the Southeast experienced the sort of drought that historically occurs only twice in a century. The parched region and its large agricultural sector are still adding up the toll that Mother Nature exacted.

Latin America–based multinational firms are part of a global movement of large companies from emerging economies that are pursuing profits and market share in developed nations, often through acquisitions.
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The exchanges on which futures contracts are traded have come a long way from their 19th-century origins and now play a major role in the global financial system.

More than two years after Hurricane Katrina roared through the Gulf Coast, rebuilding continues. Despite the considerable progress made, much remains to be done to achieve normalcy.