Word: embargoing
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...That is not acceptable in a western hemisphere that is democratic.' Secretary of State CONDOLEEZZA RICE, stating that the U.S. would not recognize the dictatorial regime by lifting the embargo...
...expanded role at the channel later this fall. He has also finished work on his next book, Do the Right Thing: Inside the Movement That Is Changing America. Huckabee is now coy about the book's content, citing his promise to the publisher to keep it under embargo. But back in April he was a bit more forthcoming about his post-primary feelings, especially among those Evangelical leaders who failed to foresee the churchgoing enthusiasm for the Huckabee campaign. (See photos of Huckabee's presidential run here...
...Just how would you raise prices if you were an oil supplier? Controlling the supply - as in the 1973 OPEC embargo - has become less effective with more sources of oil worldwide. And oil suppliers clearly cannot raise prices by controlling demand in the physical oil market; ultimately, they need to sell their oil, not buy it. However, with the market inefficiencies that we expose here, oil suppliers can regain the upper hand by artificially inflating demand using a different market. To understand this mechanism, we must take a glimpse into the future - the futures market, that...
...These are disproportionate measures coming from an autocratic ruler who protects his family," says Daniel Moeckli, a Middle East expert at the Center for Security Studies in Zurich. "Obviously, that is not a democracy." As for the threat of an oil embargo, "I am skeptical that the Libyans would carry it out," says Rolf Hartl, managing director of Swiss Oil Association, noting that Libya delivers 49% of Switzerland's supply of crude oil and owns one of the country's two refineries; those business ventures yield annual revenue of between $2 and $3 billion. "I believe they will calm down...
...figurehead, a symbol the world could toast as Haiti's real power was held by goons. Having heard nothing by Saturday afternoon, Cedras seemed to budge again. In an interview with TIME's Ed Barnes, Cedras waved a copy of the U.N. Charter as he declared the U.S. embargo ''illegal.'' Nevertheless, he said, ''I don't want to renegotiate Governors Island. Just a few interpretative problems'' need resolution. ''We've given up a lot but the other side has given nothing.'' ''Right,'' says a senior U.S. offical. ''And we won't. We're not negotiating. We're not considering...