Word: heade
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...December, which helped to double world oil prices within a few months (only Iraq is exempted, because of the war there). OPEC quotas are crucial to propping up world oil prices; without them, oil futures would currently trade at between $25 and $30 a bbl., according to Edward Morse, head of economic research at Lewis Capital Markets in New York. But in reality, some OPEC leaders simply ignore their quotas, because they need every penny they can earn from oil. Among the bad boys: Venezuelan President Hugo Chávez and Iranian President Mahmoud Ahmadinejad, whose oil revenues offset...
...about 900,000 more bbl. of oil a day next year than this year and by 2012 would fully recover to its 2007 prerecession levels. OPEC is also betting on a fast global recovery. Angola's oil minister, José Maria Botelho de Vasconcelos, the current rotating OPEC head, told the meeting attendees in Vienna on Wednesday that "the darkest days of financial turmoil and economic recession are behind us." That belief has helped to persuade OPEC leaders that they can keep oil prices high without risking a demand collapse - as happened last year...
Content from the 50-minute lectures was whittled down to 30-minute segments, according to course head and Government Professor Michael J. Sandel...
...dollars for a student center seems foolish. Now the fallout of failure will begin, and the UC can only blame itself. While its plan may have been well intentioned—improving social space on campus is an important issue—the UC was in over its head and now must accept that its credibility will suffer. Now the campaign will continue under the direction of the Student Community Center Foundation, but with an even slimmer possibility of success, facing the same hurdles as before but with less legitimacy. At the same time, the effort implicitly carries the UC?...
...woman, named Joomiben, told us that she was born into the untouchable caste and spent the first 20 years of her working life as a migrating day laborer, transporting bricks and mud on her head for about 10 cents a day. When she joined SEWA 10 years ago, she was given the opportunity to do embroidery work for a salary. With her income, she was able to finance the construction of her own house for herself and her family. Because of her ability to make money, her life and the lives of her family members have been completely transformed...