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Then there's oil. In 2007 and '08, state-controlled Petrobras discovered up to 12 billion bbl. beneath the Atlantic floor about 155 miles (250 km) off the coast of Rio de Janeiro. The oil lies almost 3 miles (5 km) below sea level and is covered by a thick layer of salt, so extraction will be a massive undertaking. And while the discovery promised a windfall when oil was $140 per bbl., at today's price of $40, profitability will be a challenge. Nor is oil always the blessing that it appears; in nations from Nigeria to Saudi Arabia...
...undergrad. Luckily, mommy and daddy were more than willing to save the day...New trend on campus—getting trashed with a certain Mr. Cheeks? Furry friends and Friday nights apparently mix well...One senior ’Poonster got intimate with the family Nanny on the dance floor before leaving for her place. Good help ain’t what it used to be...See you next week, and remember: your parents will pick you up, but do try to stay off their friends...
...School grad Damian Woetzel led the audience in the opening few movements of a Balanchine classic. There was, as Wotezel described it, the "shield your eyes against the sun" gesture, the "I have a headache gesture," and then the sound of a churchfull of winter boots sweaking against the floor: heels together, toes apart--ballet's first position...
...breakfast with reporters on Tuesday morning, Baucus predicted that his committee could have legislation on the Senate floor as early as June, adding, "The conversation is going great guns." Among the ideas the six-term Montana Senator said he is willing to consider is one that has significant support among Republicans: changing the tax treatment of employer-provided health benefits, so that they might not be fully deductible for companies that provide them, and would be treated as income for the workers who receive them. Health-care experts say this would have the effect of encouraging more people...
...reserve umpire for the ongoing test match, Ahsan Raza, a Pakistani, is in critical condition. "It was horrifying," Nadeem Ghouri, the Pakistani umpire, told Reuters. "There were bullets flying around us and we didn't know what was happening. When the firing started, we all went down on the floor of the coach. Our driver was killed instantly from a shot from the front...