Word: agreements
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...Even the general agreement on the need for more investment to answer that question came with its own polemics. "Exxon will spend $1.25 billion on research," said ExxonMobil CEO Rex Tillerson. "My company alone is investing at a rate of 60% of OPEC's." But asked what the OPEC was investing to secure future demand, Khelil responded by suggesting his organization was being unfairly targeted. "What are other countries doing? Why don't you ask Brazil? Why don't you ask China? Those aren't OPEC countries," he said. Meanwhile, BP's Hayward blamed high taxes for stymieing necessary investment...
...Phil's enterprise should not obscure how much remains to be done. Pierre Beckouche, a senior researcher with IPEMED, a Paris-based think tank on Mediterranean issues, says that regional economic advantages have been well exploited elsewhere over the past decade: by the North American Free Trade Agreement (NAFTA) in North America and the ASEAN free-trade area in Southeast Asia. But the E.U.'s 1995 "Barcelona Process," which was meant to encourage deeper ties across the Mediterranean, has largely been a Brussels-driven dud. "What's missing is a network of firms, of experts, of political leaders committed...
...Many officials would like Sarkozy to concentrate instead on issues like shepherding an agreement on an E.U. climate change package that goes beyond the Kyoto Protocol commitments. But he has put more attention on plans for a Europe-wide cut in fuel taxes - already dismissed as useless market interference by most other E.U. leaders - and a hard-line European migration pact, which is also lacks widespread support...
...Asked whether Iran would oppose the government of Iraq if it signed a controversial security agreement enabling a long-term U.S. military presence in the country, Mottaki predicted that Iraqi leaders would never sign such a deal...
...when Maliki and Sadr, for whom Sadr City has long been a political stronghold, struck a peace agreement in mid-May, the situation took a turn for the better. Under the deal, Iraqi forces were allowed to enter the district to pursue wanted criminals, so long as they abstained from "random" arrests, and the U.S. military stayed on the outskirts. In return, Sadr asked his Mahdi Army to lay down their weapons...