Word: saudi
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...What They're Quitting in Saudi Arabia: In the first antismoking drive of its kind, a Riyadh-based charity is giving prospective grooms who complete a seven-day smoking-cessation course the chance to win an all-expenses-paid wedding in an Aug. 6 drawing. The campaign's slogan? "Kicking the habit is on you, and marriage...
...pictures of Obama in Saudi Arabia...
...futures market is tiny compared with the physical oil market: less than 3% of the world's oil consumption over the next year is accounted for in the open interest - the contracts currently being traded - at the New York Mercantile Exchange (NYMEX). To put it in perspective, Saudi Arabia alone produces four times that much oil. Consider the leverage that the futures market allows - you can trade more than 10 times your money in oil - and suddenly every dollar you put into the futures market controls well over $300 worth of oil. We can put a price...
...military threat would be to disrupt oil delivery. At least 20% of the world's entire oil supply passes through the narrow Strait of Hormuz that runs between Iran and the United Arab Emirates and Oman. Qatar, Kuwait and the U.A.E. ship all their oil through the waterway, while Saudi Arabia - the world's biggest producer - exports half its oil through the strait, the remainder going overland through a pipeline. Since the strait's narrowest point is just 29 nautical miles wide, sinking a couple of tankers may be for Iran a preferable option to launching direct military retaliation against...
...Qaeda commando had left Pakistan to launch terrorist attacks in Western Europe. The commando is reported to be made up of 15 men - including Americans, Arabs, Chechens and four Germans - allegedly under the leadership of al-Qaeda operatives Abu Abdul Rahman al-Najdi, who was born in Saudi Arabia, and a Californian convert to Islam, Adam Yahiye Gadahn, who is on the FBI's most-wanted-terrorists list. But intelligence officials don't appear to know the current whereabouts of the al-Qaeda-led commando. (See pictures of a jihadist's journey in Pakistan...