Word: oil
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...that the Australians have returned to provide temporary stability, Ramos-Horta, when he recovers, and Gusmão must move quickly and simultaneously on several fronts. They can draw on the money that will flow in from East Timor's offshore oil reserves to create a New Deal kind of job corps for former fighters and young gang members. They should implement an aggressive demobilization program. They should rapidly shore up East Timor's institutions by reducing the use of Portuguese and recruiting international judges and lawyers for the courts. Only then can there be real peace. And only then...
Venezuela, which possess the hemisphere's largest oil reserves, may actually weigh more heavily today on Raul's mind than the U.S. In recent years Venezuela's left-wing, radically anti-U.S. President, Hugo Chavez, a fervent Fidel admirer, has helped prop up Cuba's economy with almost 100,000 daily barrels of cut-rate crude. Chavez, however, is deeply suspicious of, if not antagonistic to, Raul's economic reform intentions. "Raul has to play ball with the Venezuelans," says Latell. "He has no one else to turn to right...
...last bombings in the country were carried out by a leftist guerrilla group called the People's Revolutionary Army, which blew up sections of two pipelines of state oil monopoly Pemex in September. That group previously targeted other oil installations, banks and political buildings and has always claimed responsibility for its attacks...
...Saturday and nearly noon in Bidor, Malaysia, a small rural town about 160 km north of the nation?s capital, Kuala Lumpur. The coffee shops are filling up with people, mostly rubber and oil palm farmers, many of whom roar into town in new Toyota and Ford pickup trucks. These small farmers are in a jolly mood. With commodities prices at highs not seen in generations, many are prospering to a degree that would have been unthinkable just a few years ago. The incomes of small landowners almost tripled between 2004 and 2007, according to government data. Some farmers...
...convince an educated person of the opposite sex that it’d be a good idea to come upstairs and have another drink), you probably know it doesn’t hurt your cause to be informed. Reading the newspaper, watching CNN, keeping an eye on the oil prices—these things tend to work in your favor. And, if you happen to be a singer whose top singles have hooks like “All I wanna do is have some fun” and “I want to soak...