Word: petroleum
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...dilemma facing the Organization of Petroleum Exporting Countries (OPEC) as it meets today in Vienna is not whether to cut production, but how to ensure that the 11 member states and such non-member producers as Norway, Russia and Mexico stick to their agreed cutbacks totaling 1.5 million barrels. Analysts are skeptical over whether Russia, Venezuela, Nigeria and others will avoid the temptation to exceed their new production quotas, which would quickly unravel the agreement -- and even the oil cartel itself. After all, it?s not as if renegades face the prospect of having their legs broken or anything...
Still, those who predicted four years ago that Castro's regime was doomed have been proved wrong. The economy has emerged from the abyss. At the depths of the special period, the country had almost no petroleum, electricity, food, transport or production. Today Havana blooms with chicly renovated hotels, neon signs, crowded restaurants and nightclubs. The U.S. dollar has swallowed the Cuban peso. Farmer's markets and mom-and-pop entrepreneurs fuel a production boom of sorts. Cars outnumber bicycles again in Havana, and many of them are 1990s Nissans, not 1950s Chevys. Foreign investors not only share ownership...
...result, parents have been turning to all sorts of bizarre alternatives, including eucalyptus and neem oils and chrysanthemum-flower extract, solutions that have been recommended on the Internet. Others have taken to smearing their children's heads with mayonnaise, petroleum jelly or Crisco, then having the kids sleep in a shower cap. In July a 13-year-old girl in Lorimor, Iowa, died after her mother doused her head in gasoline and a pilot light on the family's hot-water heater ignited the fumes. Last spring, a six-year-old Oklahoma girl stopped breathing temporarily after her mother...
...million: Cash remuneration Occidental Petroleum CEO Ray Irani received this past October...
...aftershock of the CIA-case conviction hit in Karachi, Pakistan, where four American auditors were shot to death, along with their driver, as they went to work at the local office of Union Texas Petroleum. In morning rush-hour traffic, two gunmen with assault rifles pulled up beside the Americans' station wagon, got out and riddled them with bullets, then drove away. It could have been a replay of the way Kasi killed two people and wounded three as they waited to make the turn into CIA headquarters one morning almost five years ago. A Pakistani group calling itself...