Word: doubledealing
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Are oil companies ripping off their customers? As the gyrating price of crude sends quakes through the world economy, consumers and politicians have hurled angry accusations that Big Oil is using the crisis to maximize profits. Those suspicions only grew stronger last week, when several leading oil companies reported that...
But the current gyrating cost of crude is the single most volatile factor in the world economy's fate. Since the Iraqi invasion, the price of oil has nearly doubled, to a spot rate of $37 per bbl. at the end of last week. America's monthly bill for imported...
The U.S. economy has long been geared to two-income families; many families could not afford a middle-class life-style without both parents working. The real median income of parents under age 30 fell more than 24% from 1973 to 1987, according to a study by the Children's...
So far, 250,000 refugees have been repatriated through Jordan, most of them Egyptians traveling by plane and ship from the port of Aqaba. The number of daily flights from Amman has doubled from 50 to 100 in an effort to evacuate the refugees. India is averaging six flights a...
Even if rainfall stays at normal levels, current world food production will be difficult to maintain, much less increase. The food supply has kept pace with population growth only because the amount of land under irrigation has doubled in the past three decades. Now, however, agriculture is losing millions of...