Word: oil
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Like China, power-hungry India is also keen on exploiting Burma's huge oil and gas resources. This month it signed a production deal for three deep-water exploration blocks off the Rakhine coast. It is also searching for gas in two other blocks. Access to Burma's resources will help boost India's power supplies but it is important for geopolitical reasons as well. The new production deal comes only months after Beijing beat Delhi on securing a deal to build a pipeline through to Burma's gas fields. The race for resources has helped make Burma the frontline...
China is the most obvious example. But there's also Saudi Arabia and its Persian Gulf neighbors, overflowing again with oil wealth. Even Japan, while not exactly booming, has seen its currency remain curiously weak during the dollar's long fall...
...there, the exchange rates set up after the war and adjusted only slightly afterward made no sense anymore. Attempts to update the system collapsed in 1971, and the world's major economies moved to freely floating currencies. The transition wasn't pretty: stock markets plummeted, banks failed, oil exporters jacked up prices and inflation raged--especially...
...place it between your two slices of bread. Warning: this sandwich can get very messy! 2. Cucumber Salad Grab a bunch of cucumber slices from the salad bar and set aside in a large bowl. In a small bowl, mix together 1 cup white vinegar, ¼ cup vegetable oil, 1 cup water, and ¼ cup sugar (or sugar substitute). Mix ingredients together and add more sugar as needed. Pour over cucumbers and toss lightly. 3. Apple Crisp Peel and cut up an apple (make sure you remove the core), place it in a bed of applesauce, sprinkle with...
...plugged in my faithful George Foreman Grill, cut the halloumi into wedges, and sliced figs in half. I browned the cheese wedges on the grill and caramelized the figs the same way. I arranged these atop a bed of mixed greens tossed with lemon juice, a touch of olive oil, salt, and pepper. As a finishing touch I drizzled on balsamic-cherry syrup. I could not have been more pleased with the result. The brininess of the cheese wonderfully complemented the plump, juicy figs, and the syrup seeped in with the lemon juice to create a delightful balance of sweet...