OK there is only one story in town this week in Washington. With just hours to go the House of Representatives has just passed a last minute bill to raise the US borrowing limit, preventing the markets free-falling. The Senate is now expected to follow suit. The immediate reaction from the Democrats is anger that … Read More
Month: August 2011
BP Accused of “Backroom Dealings” in Iraq
The oil industry watchdog PLATFORM has issued a report which exposes the extent to which the British oil giant BP has gained control over one of Iraq’s most lucrative oil fields, the super-giant Rumaila, near the Southern city of Basra. The report, “From Glass Box to Smoke Filled Room – How BP secretly renegotiated its … Read More
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