Metropolis Opinion

I have been subscribing news letters from huge and top newspapers, Reuters my favorite, LA Times, my opinion came from, and New York my business idea came from. I try to out amazing news from them so you can read it easily. Follow those link to go to the main source to read all news you want.

Today’s Headlines on Los Angeles Times

* New generation of L.A.-area Latino leaders aren’t as friendly toward ‘amigo stores’

By Hector Becerra

Cities like Baldwin Park are turning away from ethnic-oriented retail projects in favor of mainstream businesses. Starbucks is welcome.

* Account of cash for Olmert rivets Israel

By Richard Boudreaux

The testimony of a U.S. contributor that he gave the future premier cash increases the sense among Israelis that Olmert’s days are numbered.

* Supreme Court gives workers protection from retaliation

By David G. Savage

The justices rule that employees who say they were punished for complaining of bias can sue for damages.

* Senate Republicans block plan to improve medical care in California prisons

By Michael Rothfeld

Federal receiver could take $7 billion from state rather than borrow money if Republicans don’t change their minds.

* Lead exposure in children linked to violent crime

By Thomas H. Maugh II and Marla Cone

A study finds that even low levels can permanently damage the brain. The research also shows that exposure is a continuing problem despite efforts to minimize it. Full Article »

There are many tools to reduce the oil price impact. While oil price is running high, Indonesian Government decides to cut percentage of oil subsidy. The decision maker considers that our budget being attack by higher subsidy when oil price is still up.There is only one way to solve this problem, cutting the subsidy on oil price. Many phenomena have been showing that in many place in Indonesia, oil is hard to get and in gas station (SPBU-Indonesian) premium is being scare.

Unfortunately, the subsidy is government shortcut to make the problem easier looking. Government lets citizens to take the obligation. Government said, we have no money to subsidy, we must stick together and obligate to responsible.More…

Rizal Ramli, an Indonesian senior economist said on morning live interview on our local television; the government has poor brain to do this. He doest agree with government. He said, Subsidy is government shortcut to let and clean his hand.

Rizal Critique on Oil Subsidy Full Article »

We have good news from my Uncle Sam, America. Time lag had been working for 1 month, when LA Times sent me good news that Interest rate cutting by FED has show his magic. I think worldwide economic will be impacted and reaction to better condition. LA Times told on the report that credit problem return go nice.
What does it mean? When fall into Bad Credit, Number of dollar to payback their credit has arisen, now, people have ability to payback because of lower interest rate.

Understanding people must know that correlation between interest and ability to payback their credit or loan. Lower interest rate, makes people turn to invest their money or create a job. Lower interest rate also makes dollar to payback will lower than before.

When American economic goes better, oil price will meet new equilibrium, lower than before and my prediction, oil price will turn down and down, maybe stop and stabile around $ 90-100 USD per barrel.
While Uncle Sam Economic goes healthy, banks and loan company treasure and stock will be appreciated on stock market. Dollar is also appreciated in exchange market.
New equilibrium doesn’t mean that the price and dollar in exchange market will meet to previous equilibrium. New equilibrium will lower than the highest but upper than before equilibrium.
I do sure; oil price will turn significantly in recent days. Let us see our prediction.

Before I continue my report (based on Reuters.com), I would like to tell that ConocoPhillips, is the third-largest U.S. oil company. When oil price is running up, as the producer we know well that ConocoPhillips get this opportunity to take profit. If the price of your goods you produce is running high as external reasons (not your internal reason, such as high salary, high input cost), you will take profit more, right. ConocoPhillips did it on First Quarterly Report.

Reuters said, ‘Oil prices have increased nearly six-fold since 2002 on surging demand from emerging economies, supply concerns and the weak dollar. They were at or near record levels for most of the first quarter and surged to a record of nearly $120 earlier this week.’
Last period, ConocoPhillips booked profit $3.55 billion, or $2.12 a share and current period, ConocoPhillips book $4.14 billion, or $2.62 a share.
Off course, High profit in current quarterly makes ConocoPhillips repair and increase their capital and planning their business in next quarterly. Internal staff said that second quarter will more difficult, because of others competitors in oil and gas company. They will battle with Russian Oil and Gas Company, Lukoil LMOH.MM and Shell. Full Article »

Microsoft Quarterly Report
According to Reuters, Microsoft books little low profit against forecast on first quarterly report. Reuters said, ‘Microsoft posted a net profit of $4.39 billion, or 47 cents per diluted share, for its third quarter ended March 31, compared with $4.93 billion, or 50 cents per diluted share, in the year-ago period. Revenue rose 0.4 percent to $14.45 billion.’
Microsoft’s staff claimed that, lower profit on first quarterly is caused by lowering on software sales.

An issue is rising, that with the lowering profit on first quarterly report, Microsoft will get hurt in battling to buy Yahoo. But the staff claimed the issue and gave no comment till consultant with internal analysts.
In my opinion (Microsoft has too), lowering on their sales (Microsoft and office software) is also caused by the economic fundamental problem in America like credit problem and their main state market. Full Article »

Today, oil makes its new record again. Oil runs to $120 per barrel. The main factors behind the new record are USD weak against Euro and Sabotage in Nigeria. If we look back, when governments worried when Oil ran close to $100 per barrel then $108 per barrel, some day before $112 per barrel and $118 per barrel, and hold at $120 per barrel today.
Some week ago, we got good news from Brasilia that they have found the new oil mine. The new oil mine can supply more then 20 percent of OPEC supply. The new made oil price declined to $112 per barrel. Now bad news comes.

Why oil price is too sensitive? When Oil Price was running high and high, the factors didn’t come from the supply, but Stock Exchange did. Investor took profit; Dollar was declined against Euro and some major currencies.
Why Dollar is too sensitive to make Oil Price fluctuating? Why we still use Dollar as Oil Price? Why not Euro or Japan Yen?
The question had been asked to my lecture in university. Why we still use Dollar as the measurement of Oil Price? I said. Actually I didn’t get best answer from him? I read the television; some analysts said that the main factor why we still use USD as Oil Price is because Dollar is transparent and more fluctuating currency if we combined with others. Full Article »