Word: crude
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Dates: during 2010-2019
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...quarrel began typically enough. Belarus, like many ex-Soviet countries, has enjoyed subsidized oil and gas supplies from Russia for two decades, in part to ensure its loyalty after the collapse of the Soviet Union. It has even been allowed to buy Russian crude oil on the cheap, refine it at home and sell it on to Europe at a huge profit. But in the past three years, Belarusian President Alexander Lukashenko has started to assert his independence in subtle ways. Following the 2008 Russia-Georgia war, Lukashenko declined to recognize the breakaway Georgian republics of South Ossetia and Abkhazia...
...Crude palm oil from Malaysia, which produces 45% of the global supply, is one commodity for which China has a vast appetite, yet cannot produce, according to research analyst Mark Matthews of Macquarie Securities. Low-grade electronics manufacturers in Thailand and Malaysia also stand to be beneficiaries. "These two markets are well positioned to take China's place at the lower end of the production network," says HSBC's Wong. (See the best pictures of the week...
...from the final legislation. In the same letter, however, Nelson repeated something he has been saying since word of his special deal got around - that newly eligible Medicaid enrollees in all states should be fully and permanently paid for by the Federal Government. At first, this seemed like a crude and overly expensive solution, but as negotiations continue between House and Senate leaders over final legislative language, the idea of lessening the Medicaid burden for states is gaining traction. "Senator Nelson's deal has been a blessing to those states like New York that were feeling left out. It brought...