Word: cartelism
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...earlier halted much of the North Sea's oil production and wreaked havoc with gas supplies in Scotland - won't do a nervous market any harm. But there's little sign of oil prices easing significantly in the short-term; Chakib Khelil, president of OPEC, the oil producers' cartel, admitted Monday he couldn't rule out prices hitting...
...andLil’ Wayne (“Luxury Tax”) sound moremellow, but still exhibit Ross’s star powerand ability to adapt his flow to any type oftrack. Still, they also point out his inabilityto hang with the best in the game.Despite the veritable cartel of hip-hopsuperstars, Ross dazzles even on his solotracks. The first such song, “We Shinin’,”is backed by a swinging soul sound thatcomplements Ross’s booming voicenicely. With lines like “I’m looking for thenext top model...
Pity Dick Cheney, when Air Force Two lifts off on Sunday for the Middle East. Reviving the Israeli-Palestinian peace talks looks to be the simpler part of his mission, compared with the task that awaits him in the Saudi capital of Riyadh - persuading the 13-country OPEC cartel to help bring down the soaring price of oil by boosting output. As cynics might say, good luck with that...
...Colombia, still embroiled in a four-decade-old civil war over its deep social inequalities, argues that it wouldn't have had to violate Ecuador's border if Correa, like Chavez, hadn't been harboring FARC militants in his territory. The FARC "is a drug cartel that kills civilians," Colombian Vice President Francisco Santos said in a TIME interview last month. "It's like al-Qaeda, Hamas, Hizballah - where are we supposed to draw the line for our security...
Racing between OPEC meetings in Vienna, Saudi Arabia's powerful oil minister Ali Al-Naimi told a reporter that the cartel was "determined" to keep the price of oil at around $25 a barrel, rather than risk a slump in the market by boosting its production...