The Banff Boom

The Banff Boom

In 2011, the most expensive town in the United States was Aspen, Colorado. Once a small mining town, the establishment of the Aspen ski area in the 1940s put Aspen on the map, bringing large numbers of wealthy tourists to enjoy the snow. This brought interest in real estate, development, and amenity migration—people moving for the relaxed mountain lifestyle. Now, the median sales price of an Aspen home is $836,000, while the per capita income is about $58,703. 

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‘Cleaning’ Up the Energy Industry: a Look into the Future of Kazakhstan’s Uranium Production

‘Cleaning’ Up the Energy Industry: a Look into the Future of Kazakhstan’s Uranium Production

Like many energy exporting countries, Kazakhstan’s economy is being hit hard byplummeting oil prices. The oil supply glut in the global market is forecast to contract the ex-Soviet Republic’s economy by 2.2% this year, as the oil and gas industry accounts for a quarter of the country’s GDP and 60% of its balance of payments. But unlike many oil-producing countries, fossil fuels are not Kazakhstan’s only energy resource.

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