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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...
To people abroad, Obama's greatest achievement is casting off the paranoia of the Bush-Cheney era. Opening up to Iran and Syria, getting closer to Turkey and dissociating the war on terror from the vast Muslim world are good signs. The test as always will be Israel and Palestine...
To people abroad, Obama's greatest achievement is casting off the paranoia of the Bush-Cheney era. Opening up to Iran and Syria, getting closer to Turkey and dissociating the war on terror from the vast Muslim world are good signs. The test as always will be Israel/Palestine - and his...
The runner-up Grand Jury Prize went to Un prophéte (A Prophet), a complex, absorbing, fairly conventional prison drama directed by Jacques Audiard. In the manner of last year's Palme d'Or winner The Class, set in a Paris junior high school, this is a documentary-style...
Until now, the European diplomacy backed by the Bush Administration has aimed at getting Iran first to suspend uranium enrichment and then to agree to forgo the right to enrichment on its own soil, instead importing the fuel for its nuclear-energy program, in exchange for a package of political...