Word: gulf
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...modernizing at a ferocious clip. China Mobile, the world's biggest mobile-phone company, adds more than 7 million new subscribers to its network every month. Companies like India's Tata and China's Lenovo - to say nothing of the sovereign wealth funds of Asia and the Gulf - routinely snap up icons of Western industry and commerce...
...estimate of 5 billion bbl.to 10 billion bbl. for Cuba's northwest offshore sector (known as the Exclusive Economic Zone, or EEZ) in 2004. Tenreyro says Cupet's analysis is based on what he calls a more accurate comparison of similar maritime oil fields like those off Mexico's Gulf Coast. "We're talking about that magnitude," he argued last week. "We have more data" than the USGS. But Cupet, an arm of Cuba's ultra-secret communist government, hasn't offered much more evidence than that. Chris Schenk, who as USGS coordinator in the Caribbean led the 2004 survey...
...Democratic presidential nominee has won Sarasota County, set on one of the most affluent and conservative strips of Florida's Gulf Coast, since Franklin Roosevelt did in 1944. It's home to loyal Republicans like Katherine Harris, who oversaw Florida's controversial 2000 presidential vote recount. But in 2008, women like Joan Smith Geyer may decide Sarasota's outcome. Geyer, 62, is among a growing number of Sarasota Republicans voting for Barack Obama. A big reason, she says, is that John McCain hasn't proved to be the GOP moderate that Floridians thought their moderate GOP governor, Charlie Crist...
...Dubai and its real estate market are vulnerable to an international economic downturn, especially compared with many of its Gulf neighbors. As the region's premier business, transportation and tourism hub, it is by definition more entwined with the global economy. And in tight times, Dubai lacks the windfall oil profits that have enabled sister emirate Abu Dhabi, for example, to amass a financial cushion in sovereign wealth funds totaling hundreds of billions of dollars...
...Click here for photos of the Gulf boom...