Word: angola
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...Angola...
...Nations match. Even though the attack took place in a country other than South Africa, Britain's Daily Mirror declared the incident a "disaster for the forthcoming first-ever World Cup in Africa. The machine-gun attack on the Togo players may have taken place in northern Angola last night, but the shots would have been heard around the world." Fox News said "the fatal attack on the Togo national team in Angola has increased concerns that the 2010 FIFA World Cup in South Africa will be targeted by terrorists as violence continues to rage on the troubled continent...
...clear: Angola's decision to hold an international football match in Cabinda was an extremely poor one. Cabinda is an oil-rich province where the Front for the Liberation of the Enclave of Cabinda (Flec) is fighting for independence and a fair share of oil revenues. But you can hardly blame that decision on South Africa or extrapolate that the Jan. 8 attack portends disaster for the World Cup. What about the fact that South Africa is years ahead of Angola in terms of industrialization, organization and experience in running sporting events? What about the fact that South Africa recently...
...Ahmadinejad, whose oil revenues offset the impact from Western sanctions and help finance their vote-getting social programs. Angolan officials this month told OPEC they needed an exemption from their quota of 1.5 million bbl. a day, since companies like Chevron and Total have invested billions in drilling off Angola's coast, and the country - most of whose people live in dire poverty - could potentially pump about 2.3 million bbl. a day by year's end. "They argue that they are a war-torn country, like Iraq, and need to rebuild the country," Morse says. "OPEC swept the problem under...
...Cambridge Energy Research Associates, which monitors global oil markets, said the world would use about 900,000 more bbl. of oil a day next year than this year and by 2012 would fully recover to its 2007 prerecession levels. OPEC is also betting on a fast global recovery. Angola's oil minister, José Maria Botelho de Vasconcelos, the current rotating OPEC head, told the meeting attendees in Vienna on Wednesday that "the darkest days of financial turmoil and economic recession are behind us." That belief has helped to persuade OPEC leaders that they can keep oil prices high without...