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/ 29 April 2006

Who makes a mint out of $70-a-barrel oil?

Oil companies such as BP make the bulk of their money from the ”upstream” oil-production business. Saudi Arabia is the biggest oil exporter in the world and rising oil prices have swollen government coffers. Massive demand for oil around the world has helped fuel the biggest shipping boom in history. Where else does the money go?

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/ 29 April 2006

Meet Bush’s latest enemy: angry grannies

Three years after the start of the Iraq war, one thing New York police do not lack is experience in dealing with protesters — so when they were called to a disturbance at the military recruitment centre in Times Square last October, it sounded like just another routine demonstration. Instead, they found 18 elderly women.

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/ 29 April 2006

Major weather warning sounded for Bangladesh

Hundreds of fishermen along Bangladesh’s southern coast returned to shore on Saturday as a cyclone packing winds of up to 160kph churned its way across the Bay of Bengal, officials said. Cyclone Mala, which in Bengali language means ”a garland of flowers”, was centred about 650km south-southwest of the seaport of Chittagong.

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/ 29 April 2006

Senate casts cloud over Prodi’s govt hopes

The chances of Romano Prodi being able to form Italy’s next government hung by a thread on Friday night after two crucial votes in the new Parliament threw into stark relief the difficulties he and the centre-left face in passing laws — a foretaste of the problems that a Prodi government would have implementing its programme.

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/ 29 April 2006

Police officials in court on theft, corruption charges

The transfer of an anti-corruption unit detective to another branch has caused a major hiccup in a Cape Town Magistrate’s Court case involving two police officials and six police reservists facing charges of theft and corruption. The prosecution was unable to explain why the case has not been referred to the Western Cape directorate for public prosecutions.