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...President Mahmoud Ahmadinejad has plenty of incentive to push his OPEC colleagues to vote for production cuts: If falling prices force his government to cut its heavy gasoline subsidies, he won't help his chances of reelection in a tough presidential race next June. "There is a lot of popular unrest when they cut subsidies or put on gas quotas," says Robert Johnston, Director of Energy for the Eurasia Group in Washington. For similar reasons, Venezuela President Hugo Chavez wants OPEC to cut production by about 1 million barrels a day, warning that his country would face dire economic problems...
...John McCain to cut America's dependence on foreign oil, especially from the volatile Middle East. That's because although it only accounts for about one-fifth of U.S. imports, oil from Saudi Arabia, Kuwait and other Middle Eastern countries is much cheaper to produce than the more politically popular alternative of oil drilled in Canada or the United States...
Consumer groups argue that part of the redefault problem is lenders' reluctance to make the sorts of changes that will really improve a homeowner's chances. While the popular notion of loan modification might have the lender lowering an interest rate or reducing the overall loan balance, many work quite differently. For example, one of the most widely implemented changes is to simply spread missed payments over the remaining life of the loan. That has the perverse effect of raising, not lowering, a homeowner's monthly payment. The nonprofit Center for Responsible Lending estimates that nearly half of the loan...
...another UC member approached to take part in the program, said he was initially concerned about the trial program’s lack of a forwarding feature, which he said may prevent students from sifting through hordes of e-mail with mail services like Gmail, which is popular among College students. Sundquist said the FAS IT department took this concern into account and that the new mail client will allow e-mail forwarding. Rumors have abounded that student class years may also be added to the new addresses, meaning that a current freshman would have an e-mail address that...
...legacy, says Panitan Wattanayagorn, a political analyst at Bangkok's Chulalongkorn University - or the current divisions over him that have Thailand's people on the edge of violence. Sometimes said to be the most divisive political figure in Thailand's history, Thaksin remains enormously popular with the rural poor for his populist policies like cheap health care and easy credit. But the billionaire businessman is also still reviled by the urban middle class and conservatives, who view him as a corrupt authoritarian whose power and wealth posed a threat to the nation's revered monarchy...