Word: agreements
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...Sigurdardottir, an openly gay former air stewardess, says E.U. membership is the only viable option to anchor Iceland's shattered economy. "I sincerely hope and believe that we will end up with an agreement that will help us create the necessary economic stability, [and] ensure prosperity in the long term for both families and businesses," she added. (Read: "Iceland Picks the World's First Openly...
...July 13 Iran's Oil Ministry announced that it had China's agreement to invest about $40 billion in refining Iranian gasoline. The deal would include financing the major new Hormoz refinery in southern Iran, which will be able to produce about 300,000 bbl. of gasoline and kerosene a day once the four-year construction project is completed. China would also overhaul Iran's aging Abadan refinery in the south so that its production could increase by 29%, according to Iranian oil officials, who provided no deadline for that project. (See pictures of the plainclothes terror of the Basij...
...helping wealthy Americans hide billions of dollars from the tax man and insisting that the bank reveal their identities. On the other, the Swiss government is threatening to step in to protect the country's famous secrecy laws. The two have until Aug. 3 to come up with an agreement - or continue the fight in court...
...outlining in detail the parameters of a two-state solution, fixing borders, prescribing arrangements for sharing Jerusalem, security and the fate of refugees. Of course, Obama is saying nothing of the sort, still hoping to drag the two sides, however reluctantly, to the negotiating table to hash out an agreement. But Solana - who has been involved in trying to do just that for a decade longer than Obama has - may simply have recognized that the U.S. pressure that has been required to get both sides simply to make confidence-building gestures is nothing compared with what will be required...
...Turkmenistan, with the world's fourth largest reserves of natural gas, would be an ideal source for Nabucco, but it would need a pipeline under the Caspian Sea, where there is as yet no seabed agreement. At the signing ceremony on Monday, Turkish Prime Minister Recep Tayyip Erdogan also talked of supplies from Iraq and Iran, but political tensions and security concerns make them distant prospects. Even security in Turkey is an issue: last year Kurdish separatists attacked the Baku-Tblisi-Ceyhan oil pipeline, halting supplies for 19 days. (Read: "New Turkish Law Curbs Military's Power...