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...long. The point is that anyone in that category could clearly handle the risks of the oil futures market, and they might even be willing to take delivery on oil. With suppliers holding back their large stakes in oil before delivery, those speculators and hedgers on the other side (those who have sold oil) will need to pay higher prices to get out of their positions. Oil suppliers' ties to the oil market itself give them a unique advantage in cornering the market...
After the match, a Chinese reporter questioned whether the Chinese side, having made history by making it to the gold medal match, lost its desire in the final. "We need to remember that U.S. beach volleyball has enjoyed a long history and development. In China it's still pretty new," responded Tian, a three-time Olympian. "They were too strong, too competitive. So the best thing we could do was relax...
Since the introduction of Olympic beach volleyball in 1996 the American teams have made the podium at every Games. China has played indoor volleyball competitively for decades, but it's only recently that they've focused on the outdoor game. On the men's side, the top-seeded Chinese squad of Wu Penggen and Xu "Tiny" Linyin lost to a German pair in the round of 16. So it was up to the women to make history. In addition to the silver for Tian and Wang, the Chinese team of Zhang Xi, 23, and Xue Chen, 19, beat Brazilians Renata...
...Minister Nouri al-Maliki but initially resisted by Washington. In what may be another reluctant U.S. concession to al-Maliki, Iraqi officials say the current draft agreement strips the immunity given to private security contractors working with the U.S. military and diplomatic staff. Rice said Thursday that the U.S. side considers the pending deal acceptable, effectively leaving final approval to the Iraqi government and the parliament, which must ratify the pact after review by the Prime Minister. But al-Maliki appears to be pressing for more on the question of whether U.S. troops remaining in Iraq would enjoy the same...
...Despite Zebari's confidence, the extent to which al-Maliki will manage to roll back the Bush Administration on the security deal remains unclear. Both Rice and Zebari say a final agreement is close, and each side seems eager to finalize the agreement before the current U.N. mandate for the presence of U.S. troops in Iraq expires at the end of 2008. Still, among the various parties to the talks, al-Maliki now appears to be the one controlling the clock...