Word: gulfs
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...Prime Minister, it falls to Abhisit to try to bridge the country's political gulf and restore confidence in Thailand's wobbly democracy. Just by projecting a clean image, the PM may be able to woo more of the foreign investment Thailand needs to continue its economic recovery and to placate northeastern farmers who pine for the days of Thaksin's populist microfinancing initiatives. But first Abhisit will have to control the fractious six-party coalition that propelled him to power in the first place. A seemingly minor scuffle over who should be the next national police chief has riven...
...note that Yemen was "re-emerging as a jihadist battleground and potential regional base of operations for al-Qaeda." With a base in Yemen, al-Qaeda could launch attacks on the Red Sea gateway to the Suez Canal, as well as stage operations against Saudi Arabia and the Persian Gulf...
...decision later overturned by the House of Lords.) And the prosecution of BAE for overseas corruption would be only the second such case against a British firm. Building contractor Mabey & Johnson was last month fined $10.5 million for similar offenses dating back to the early 1990s. (Read: "The Gulf: An Exquisite Balancing...
...consultancy Stratfor noted last week that Iran has probably stockpiled at least three months' worth of gasoline. The National Iranian Oil Refining and Distribution Co. estimates that the country has some 15.7 million bbl. of gasoline - about four months' worth - stockpiled in tankers on land and off its Persian Gulf coast. After BP and Reliance halted exports to Iran, Chinese state-owned oil companies filled the gap, supplying about one-third of Iran's gasoline imports as of last month, according to the Financial Times. Lawrence Eagles, head of commodities research at JPMorgan, told the paper last week that Iran...
...grade material. Iran continues to insist that it is simply exercising its right to develop nuclear-energy infrastructure as a party to the Nuclear Non-Proliferation Treaty. But on Sept. 28, Tehran also test-fired a medium-range missile capable of reaching Israel and U.S. military bases in the gulf, underscoring its threat to retaliate for any attack on its nuclear facilities. And Iranian officials have insisted that they will not even negotiate over Iran's "nuclear rights...