African Union: "Unite or Starve"

I can't really argue with this: if it means bargaining with a collective continental market in order to get a better deal on necessities, then so be it. SInce the various AU nations have such different agendas, both with the West and with each other, it's hard to predict how...

Somalia: Pirates demand $1M ransom for 4 Europeans

Somalian captors of  the German couple  & French boat captain have demanded a hefty $1 million ransom for releasing them.  Kidnappings have become a thriving business in Somalia. Highjackers have got huge ransom in the past. " A government minister says...

French hostages released in Niger

Red Cross have been able to secure release of 4 French hostages. French workers have been abducted from a Uranium mine in Niger."Rebels in Niger have freed four French workers they kidnapped from a uranium mine, handing them to the Red Cross. The aid organisation said it...

$250 oil forecast by Gazprom gains credibility « Peter J. Cooper’s Weblog

"I have to conclude that blaming higher oil prices on speculators and the Fed’s lose money is a part of the explanation for higher oil prices, but perhaps not quite the whole story. The latest statistics from BP tell a story of supply and demand that no government can...

Oil to fall, underpinning growth: Credit Suisse

"By Jeremy Gaunt, European Investment CorrespondentLONDON (Reuters) - Credit Suisse's investment arm is banking on commodity prices to fall over the rest of this year, with the price of crude oil dropping back to between $100 and $120 a barrel, one of its top executives said...