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...move that may be even more important to the long-term interests of the mainland, the China Development Bank agreed to loan Brazil's oil giant Petrobras (PBR) $10 billion for exploration projects. The South American oil company also apparently agreed to sell China-controlled oil company Sinopec (SNP) crude supplies for the balance of the year. It does not take detective work to come to the conclusion that the two arrangements were related. In late 2007, Petrobras said it had discovered new fields far off its coast that contain as much as 8 billion barrels...
...Whereas poor, suffering Americans need to be protected from the full consequences of their free-market principles (which should allow AIG, GM and the rest of them to fail), Africans were afforded no such protection - presumably because they don't vote in U.S. elections. Alex Potter, CLAREMONT, SOUTH AFRICA...
...know how many South Africans feel about the arrival in Cape Town of Morgan Freeman and Matt Damon to shoot a Clint Eastwood movie about South Africa's 1995 Rugby World Cup victory over the New Zealand All Blacks. It's not that Freeman (playing President Nelson Mandela) or Damon (who stars as Springbok captain Francois Pienaar) will do a bad job. South African actors Vosloo (The Mummy) and Chweneyagae (the Oscar-winning Tsotsi) wouldn't either. It's just a little strange that South Africa's most important stories are so often told by foreigners. "Imagine how the Americans...
Raleigh is part of a new generation of South African filmmakers determined to take back the country's stories and invest them with a spirit that goes deeper than skin. He produced 2005's Tsotsi, a film about a township hoodlum who steals a car - and the rich black couple's baby in its back seat - which shattered once and for all the naive but, among outsiders, popular notion that all South Africa's stories can be framed in terms of black and white. Another is director Michael Raeburn, who has just released Triomf, a bleak examination of a poor...
...House’s speaker-series, “Conversations with Kirkland.” Logan, who is currently a correspondent for 60 Minutes and CBS Evening News with Katie Couric, focused on several events in her life that she said have shaped the way she reports. The South African-born journalist stressed the importance of her upbringing during the apartheid era, comparing the period to the time during the American Constitution’s formation. “I saw what it really means to fight for democracy,” she said. “The lessons were...