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Even if you don't think you do, you already know plenty about commodities. Want us to prove it? No problem.
What makes oil produced in Saudi Arabia different from oil exported from Nigeria? It's the same thing that makes the corn you ate at last summer¿s barbecue different from the corn used to produce ethanol. Stumped? Well, don't feel bad, it's a trick question. The answer? Absolutely nothing. Corn is corn no matter where it comes from -- just as wheat is wheat and natural gas is -- right! -- natural gas. (Though the quality may differ, the make-up is uniform.)
So, in less elaborate terms, corn and oil (and all other commodities) are homogenous goods that can be processed, resold and more often than not, used as an input to the production of other goods or services. These goods are traded on a commodity exchange, thus setting the price-per-barrel (or other metric unit) used to value them.
Now pay attention, here's a question that indeed does have an answer: What is the difference between a commodity and a stock? While a stock can tank and become worthless, a commodity cannot have its value be wiped to zero. One other difference: Most commodities are traded in futures, meaning traders buy and sell where they think the price of a product will be at a certain point in the future. Stocks trade based on the value of the underlying company at that point in time.
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Tuesday, May 20, 2008
Ten Public Charter High Schools Among Best in Nation, According to Newsweek Magazine Survey
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WASHINGTON, May 20, 2008 /PRNewswire-USNewswire via COMTEX/ ----BASIS Charter of Tucson Rated America's Top School
Ten public charter schools are among the top 100 best high schools in America as graded by Newsweek magazine's Challenge Index Rating, including BASIS Charter School in Tucson, cited as the nation's top-ranked high school in the survey released this week.
The achievement is significant because public charter schools currently comprise only approximately 3% of all public schools nationwide and are more likely to enroll students from disadvantaged communities than traditional public high schools.
"While only about 3% of all schools, ten public charters made the top 100, demonstrating that the charter school principles of accountability and innovation are producing remarkable results," said National Alliance for Public Charter Schools President Nelson Smith. "We congratulate the students and teachers of BASIS Charter School and the other nine public charter high schools for their achievement."
The top public charter schools making the list are:
School Location Overall Rank BASIS Charter Tucson, Arizona 1 Pruess Charter San Diego, California 4 Match Charter Boston, Massachusetts 25 Benjamin Franklin Charter New Orleans, Louisiana 35 Raleigh Charter Raleigh, North Carolina 27 Peak to Peak Charter Lafayette, Colorado 40 Sturgis Charter Hyannis, Massachusetts 43 Moreno Valley Charter Angel Fire, New Mexico 51 Charter School of Wilmington Wilmington, Delaware 98 Signature Charter Evansville, Indiana 99
Charter schools are public schools with unique traits that increase the likelihood of a successful education for a child.
-- Charter schools have increased flexibility to adapt to the educational needs of individual children, make timely decisions about developing curriculum, structure the school day, and hire teachers who meet the needs of their students. -- Charters operate within a multi-tiered accountability system -- to parents, authorizers, the state, and lenders -- that leads to quality schools and high achievement. -- Parents elect to send their children to charters, and teachers choose to work in them.
About the survey:
Newsweek's Challenge Index (http://www.newsweek.com/id/39380) is a ratio of the number of students taking rigorous high school achievement exams such as the Advanced Placement, International Baccalaureate, and Cambridge tests divided by the number of students in the school's graduating class. Consequently, the index identifies schools with the most rigorous academic environment place.
About the National Alliance for Public Charter Schools:
The National Alliance for Public Charter Schools (www.publiccharters.org) is the national nonprofit organization committed to advancing the charter school movement. The Alliance works to increase the number of high-performing charter schools available to all families, particularly low-income and minority families who currently do not have access to quality public schools. The Alliance provides assistance to state charter school associations and resource centers, develops and advocates for improved public policies, and serves as the united voice for this large and diverse movement.
SOURCE National Alliance for Public Charter Schools
http://www.newsweek.com
Copyright (C) 2008 PR Newswire. All rights reserved
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