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...volatility of the past year is a product not simply of supply and demand factors, but are caused by the ways in which oil is traded, say some experts, who recommend the introduction of mechanisms designed to prevent speculators from plunging into markets and withdrawing billions of dollars just as suddenly. "The prices are being largely made in the paper markets," says Paul Stevens, energy analyst at the London think tank Chatham House. "People are moving in and out of the market on a daily basis." The market is especially open to speculation since oil is traded in futures...
...more prominent chefs in the city, Michael Mina. Then go straight to dinner at the brand-new La Mar Cebicheria Peruana, tel: (1-415) 397 8880, a Peruvian restaurant known for its seviche. It's a beautiful spot on the Embarcadero, located right on the water. I recommend the leche de tigre. I'd then take a stroll down the Embarcadero and stop in at the District wine bar, tel: (1-415) 896 2120. It's in a loftlike space with a brick-lined interior...
Ultimately, however, the decision rests with New York Governor David Paterson. His reaction to Kennedy's decision was noncommittal, but one source close to the Kennedy family says Caroline believes Paterson is "on board with the idea." There indeed is much to recommend her; Kennedy's celebrity status and high name recognition would make it easy for her to raise money, which is an important consideration, because whoever is appointed to the seat will face a special election in 2010 and yet another campaign in 2012, when the seat's regular term expires...
...recommend for your transition-time reading a new report from the National Intelligence Council that suggests we reconsider the severity of the Al Qaeda terror threat. This report says Al Qaeda “may decay sooner” than was expected because it has alienated its Muslim supporters with its indiscriminate killing, and with its inattention to social problems such as poverty, unemployment, and education. America has a chance to defeat Al Qaeda by avoiding this mistake, by refocusing more of its efforts in the region on economic and social actions, less on air strikes...
Atlanta Scene. Top Chef judge Tom Colicchio opened a branch of his fashionable restaurant, Craft, in Atlanta on Dec. 8. Other locations serving Colicchio's simple, elegant fare are in New York City, Los Angeles and Dallas. We recommend you sample his roasted quail and hen of the woods mushrooms. 376 Peachtree Road N.E., Atlanta...