Word: headful
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Dates: during 2000-2009
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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...
...University professors recently defended a memo they had written for the Atlanta Black Leadership Forum, which caused a media ruckus when it was leaked. Their memo collected a number of statements supposedly circulating in the black community, including a call to rally around Borders in order to avoid a head-to-head runoff election with Norwood. "We have said very clearly that African-American concerns should be considered by all of the candidates," says Clark-Atlanta professor Keith Boone. "It's no more racist for the African-American community to have an agenda than it is for the gay community...
...will improve safety. The protests were timed to coincide with Deputy Prime Minister Julia Gillard's trip to India at the start of September, in which she aimed to calm the diplomatic waters, and a Senate inquiry into the welfare of international students. More demonstrations are likely when students head to the capital to air their grievances at an international student roundtable hosted by the government in Canberra on Sept...