Word: richness
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...latest cut follows an October cut of 1.5 million barrels a day, which failed to arrest the downward slide in oil futures - prices have plunged a further 18% since November, deepening fears among oil-rich nations of an economic disaster at home. Whereas in July, with futures at a record high of $147 a barrel, the daily oil earnings for Opec's 11 members stood at $4 billion, this week, with oil hovering at around $43 a barrel, the cartel's combined daily earnings stood closer to $1.2 billion. Saudi Arabia's oil minister Ali Al-Naimi said last month...
...read Ponnuru's essay with great interest. His party has been repudiated because the American people have finally come to the realization that, since Ronald Reagan, the Republicans have gone out of their way to take money away from the poor and give it to the rich through tax breaks, deregulation and Executive Orders. Voting for Republicans is voting against most people's self-interest. If you throw in the death of Americans and Iraqis due to incompetence and illegal wars there is nothing left to love in the Republican Party. If you add the illegal wiretaps and jailing...
...work on climate change across departments - a necessary post, since global warming touches on science, the economy and politics at home and abroad. All three appointees are charged with one of the most important items on Obama's agenda: getting the U.S. off imported oil and other carbon-rich fuels. "The pursuit of a new energy economy requires a sustained, all-hands-on-deck effort," Obama said. "This time will be different. This time we cannot fail." (Read "Sewage That's Clean Enough to Drink...
Half of the patients in the study were placed on a low-glycemic index diet, and kept a journal of what they ate for six months. The other half consumed a "brown," or high-fiber, diet rich in cereal fibers including wheat, whole-grain breads, brown rice and potatoes with their skins, and also kept a journal of their food choices. All participants were told to avoid high-glycemic foods (the glycemic index of a food is typically measured as the amount by which a 50 g portion raises blood sugar compared with white bread or pure sugar), such...
...sentenced to 20 years in prison, while Payne was convicted and sentenced to 27.) The spate of incidents wasn't limited to the U.S., either. When communism crumbled in Eastern Europe, one of the earliest side effects of free-market capitalism was the proliferation of people looking to get rich quick. In Albania, under Communism the poorest nation in Europe, citizens sank some $1.2 billion dollars into pyramid schemes in 1996. When they collapsed the following year, investor outrage brought down the government...