Word: deale
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China Petroleum (PTR) is buying 45.5% of Singapore Petroleum for just over $1 billion and will probably move to purchase the balance of the company. China recently proposed a deal to lend $10 billion to Brazilian oil giant Petrobras to help it develop deep sea crude deposits. In exchange, the world's most populous nation has negotiated getting a steady flow of oil from Brazil at market prices...
...significant oil reserves. But the central government in Baghdad has always objected to any such move, insisting that Baghdad control the country's oil exports and its revenues. The dispute has proven to be one of the most intractable impasses in Iraqi politics. Early reports of a possible deal buoyed hopes for a breakthrough, but so far no agreement has emerged, and the Iraqi government in Baghdad still officially considers any oil exports from Kurdish territory illegal...
...Tsvangirai accused Mugabe of making unilateral decisions in appointing senior government officials such as the attorney general, the central-bank head and diplomats. The Prime Minister's political party, the Movement for Democratic Change (MDC), has since called on the Southern African Development Community - which brokered the power-sharing deal - to mediate between it and Mugabe's party, the Zimbabwe African National Union (ZANU-PF). The MDC has accused Mugabe and ZANU-PF of stonewalling on issues like the continuing arrests of pro-democracy activists, lawyers and journalists and the ongoing invasions of white-owned farms...
...deal brokered by the Federal Deposit Insurance Corp., which closes banks that are insolvent or nearly so, BankUnited is being taking over by a group of private-equity investors, including famed vulture investor Wilbur Ross. The group isn't paying much for the bank - because BankUnited isn't worth much. The FDIC figures cleaning up the mess at BankUnited will cost its insurance fund nearly $5 billion, which makes this the most expensive bank failure this year...
What's been hard about him being the President of the United States? I mean, it's an enormous amount of pressure, especially these first three months, been a rough ... in any historical frame. It's just watching the person that you love deal with some of the toughest problems in the world. But the beauty of my husband is that he is capable and competent. I don't worry about him. I rest easy that he's in the White House. So it makes it easier for me, because I figure I can turn...