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...Chinese are able to secure resources from other lands by using their financial clout - this is far preferable to the traditionally European and eventually American tactic of sending in troops and killing civilians as we have seen in the invasion of Iraq and the securing of its oil. C. Reynolds Manukau, New Zealand...
...Qaeda link is true, then the huge West African country, which is sharply divided between Muslims and Christians, may indeed have become a new recruiting ground for the cause of Osama bin Laden - a situation Western officials have been concerned about for some time. Furthermore, the oil-rich yet impoverished sub-Saharan African nation sits on a religious fault line, its 150 million people split almost evenly between Muslims in the north and Christians in the south. Bin Laden is widely admired in the arid, Muslim north. It has become fashionable for some Muslims to name their sons after...
...appearance, but not market leader Anheuser-Busch. Tractor Supply lands on the list; Wal-Mart doesn't. Even with the economic crisis, a number of financial firms show up, including asset manager Blackrock, regional bank Iberiabank and homebuilder NVR (parent of Ryan Homes). The decade's best industry: oil and natural gas. A full 34 companies - 17% of the list - either drill, transport, refine or sell the stuff. (See the worst business deals...
Nigeria matters. As oil-rich nations from Russia to Venezuela to Iran become ever more nationalistic and tighten their supplies of fuel, more high-quality oil discoveries are being made off West Africa's coast, giving the world a (usually) reliable new source of oil. The U.S. already imports 16% of its oil from Africa, according to the U.S.-based Energy Information Administration, and wants to raise that to 25% in the future. Nigeria holds by far the biggest reserves in Africa and supplies 8 to 10% of all U.S. oil imports, according to the EIA. But in recent years...
...insurgency's leaders are under the most pressure from their rank-and-file members to deliver a final settlement. Now, Nigeria's notoriously corrupt bureaucrats are in charge of the peace process, and one rebel leader says that many are reverting to type. "They offered me an oil field to call off my boys," says the leader. "These guys aren't sincere. All they care about is getting oil production back up. They think they can just buy us off." (Read "'Nigeria's Taliban': How Big a Threat...