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BARBARA GINDL/AFP/Getty Images Yesterday the U.S. House of Representatives voted 324-84 to permit the U.S. Justice Department to sue OPEC for manipulating oil supplies and prices. Fortunately, the White House opposes the measure, saying that going after OPEC countries "would likely spur...
The Hezbollah-led Shiite opposition and the Lebanese government backed by the West and Saudi Arabia, reached an agreement Wednesday to resolve an 18-month political crisis that has crippled the country and recently led to the worst fighting since the 1975-1990 civil war. After five days of...
As the oil price headed for $130 a barrel last week, George Bush headed to Saudi Arabia looking to squeeze some more barrels out of Saudi King Abdullah Al Saud. But given that Saudi Arabia produced 350,000 barrels per day less in January and February than its average level in 2005, that hardly...
It's a far cry from the glamour of Cannes: No celebrities strutting their stuff; an all-male audience drinking coffee and juice rather than champagne; and if any female spectators showed up — well, no one knew. They came in through a back entrance into a separate hall, off-limits to the male...
Sterling Burnett:...And while we wait for the price to peak, spending shrinks and the economic outlook worsens. Here's a thought: Rather than vilify the oil industry for our sticker shock, let's take a hard look at the actions of our federal government.For years, we've approached domestic...
BOSTON--(BUSINESS WIRE)--Uno Chicago Grill®, recently named America's healthiest chain restaurant by Health magazine, has entered into an agreement with Sofra LLC, the master licensee for Uno® in the Middle East, to open 20 new locations in nine countries, including Qatar, the United Arab...
Five years after we invaded Iraq, the American taxpayers who paid for this grand imperial adventure are rewarded with skyrocketing gas prices. Would some reporter with access to the Republican presidential candidate please ask John McCain why he wants to continue President Bush's Mideast policy...
: : : : : : : : : Democracy Now! The Bush administration has pledged to support Saudi Arabia’s nuclear power program, including supplying enriched uranium for nuclear reactors. The agreement came out of President Bush’s visit to the Saudi kingdom last week, during [...]
Wednesday May 21, 4:43 pm ET HOUSTON--(BUSINESS WIRE)--NATCO Group Inc. (NYSE:NTG - News ) today announced that it will provide equipment and technology to Foster Wheeler for the Saudi Aramco Manifa Arabian Heavy Crude Programme, in the Kingdom of Saudi Arabia. Each train will be comprised of one...
An agreement reached by Lebanese political factions early Wednesday amounted to a significant shift of power in favor of the militant Shiite group Hezbollah and its allies in the opposition, who won the power to veto any cabinet decision. The sweeping deal to form a new government promised an end...
