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...Recession or Recovery? In a major report on oil demand this week, IHS Cambridge Energy Research Associates, which monitors global oil markets, said the world would use 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...
...Wilson's outburst is on far shakier footing, even though the details of enforcement mechanisms for the bill have not been worked out. He was claiming something - benefits for illegal immigrants - that is expressly prohibited in the major legislative efforts in both houses of Congress. He was becoming the sideshow the President wanted to spotlight, and as such Wilson handed a great gift to his political enemies, for whom he clearly has little regard...
...right who suspect that this could be the nose under the tent for single-payer. The left and the right love to do that kind of minuet. I don't want to denigrate those views so much as to say that it is an unproductive sideshow to the major debate here...
...midst of winter in the southern hemisphere, will be the FIFA World Cup in South Africa. Ever since the International Olympic Committee decided to stagger the Summer and Winter Games after 1992, the frozen sports have been played in the same year as the World Cup, giving fans two major events to watch...
...FIFA believes there is sufficient quality accommodation in South Africa." But FIFA boss Sepp Blatter has basically ordered organizers to augment the room supply with cruise ships. Tamara Cohen, a South African who is a travel consultant in Charlotte, N.C., says that while FIFA's got all the major hotels and chains booked solid, there are other options, including private homes available for rent, boutique hotels, B&Bs and guesthouses. "This type of accommodation has exploded in South Africa in the past 10 years," she says. "It is really a good value and much more personal...