Word: oil
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...summer of 2007, the organization Dream for Darfur had asked Staples, the exclusive supplier of office furniture to the 2008 Olympics, to appeal to Beijing to curtail its support for Khartoum. China imports over two-thirds of Sudan’s oil, has invested as much as $15 billion in Sudan’s economy, has stonewalled past Security Council resolutions on the Darfur genocide, and bears responsibility for 90 percent of small arms sales to Sudan since...
...recent years about the need to address a looming hunger crisis in poor countries and a looming energy crisis worldwide, world leaders failed to think ahead. The result is a global food crisis. Wheat, corn and rice prices have more than doubled in the past two years, and oil prices have more than tripled since the start of 2004. These food-price increases combined with soaring energy costs will slow if not stop economic growth in many parts of the world and will even undermine political stability, as evidenced by the protest riots that have erupted in places like Haiti...
...conversion of food into biofuels. The U.S. government gives farmers a taxpayer-financed subsidy of 51¢ per gal. of ethanol to divert corn from the food and feed-grain supply. There may be a case for biofuels produced on lands that do not produce foods--tree crops (like palm oil), grasses and wood products--but there's no case for doling out subsidies to put the world's dinner into the gas tank...
What will the next six months bring for the American dollar? -Diana West, Memphis, Tenn.My guess is, the dollar will stabilize, to the huge disadvantage of the euro. The only zone where the dollar's value matters to us is the purchase of oil. If we weren't buying foreign oil, we wouldn't care about the value of the dollar...
Vike-Freiberga added that Latvia should join with Estonia and Lithuania, its fellow Baltic nations, to find a common energy policy in order to reduce Latvia’s severe dependency on Russia for oil and natural gas, and that potential solutions may involve nuclear power and other alternatives to fossil fuels...