Word: saudi
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...learning how to be themselves?" Evidently so: more than 255 million people around the world have seen the original HSM movie, and 293 million have seen its sequel. The album of High School Musical 2 went triple platinum in the U.S., quadruple platinum in Argentina and gold in Saudi Arabia...
...bleak economic situation has prompted Pakistan to desperately seek aid from such long-term allies as Saudi Arabia, Britain, the U.S. and China. Despite Zardari flying to those countries in recent weeks to make his case, he has yet to secure the loans needed to avoid a default on Pakistan's debt. Pakistani officials insist that they have no intention of defaulting, and the Pakistani rupee rose this week amid signs that the International Monetary Fund might step in to rescue this frontline state in the war on terror. The IMF confirmed Wednesday that it would soon enter discussions with...
...this romantic idea that artists have to be poor." Not anymore: prices have risen as much as 1,000%, and top works can command up to $200,000. Ayyam Gallery is expanding to Dubai and Beirut and has an exhibition in New York City. Many buyers aren't megarich Saudi oil princes but wealthy Syrians with newfound avant-garde tastes and an eagerness to promote their culture. "People like to say our culture is thousands of years old, but as a country, we're just about 50 years old," says Samawi. "We've had our trials and errors...
...opposite. Ironically, though, a falling world oil price negates the goal stated by Barack Obama and 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...
...Western countries believe, or OPEC members would like: OPEC members, in fact, produces only one-third of the world's oil; the rest comes from Canada, Russia, Mexico, and several smaller countries. The cartel sets production quotas for each member, but those are routinely violated by bigger players, like Saudi Arabia, whose well usually have spare capacity. "We saw that when prices went up to $145 a barrel OPEC was helpless," says Fadhil Chalabi, executive director of the Center for Global Energy Studies in London, who was an OPEC official during the last global oil crisis of the 1970s...