Word: ministere
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During the oil markets' wild ride last year, prices hit an all-time high of $147 a barrel in July before crashing to slightly more than $30 a barrel in December. Now oil futures hover around $70 a barrel - a price that is, finally, just right, according to Ali Al...
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...
Speculators OPEC leaders have repeatedly called for limits on speculation in oil-futures markets, in which investors bet on which way oil prices will go. Oil officials blame speculators for volatile prices, and some financial analysts agree. "It is market psychology which is propping up prices," Morse says. If investors...
Speaking at a news conference in Pretoria on Friday, Sport and Recreation Minister Makhenkesi Stofile said he was "shocked and disgusted" at the treatment that Semenya has received from both the international media and the IAAF. He said lawyers were being consulted over possible human rights violations amid concerns that...
Lebanon is an eternal exception to the maxim that all politics is local. With so many foreign powers meddling in the country's perennially sectarian struggle for control, Lebanon functions as a kind of political barometer of the Middle East. And that's why the news Thursday, Sept. 10, that...