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Friday, May 24 2013
Mexican Democracy's Lost Years
IN 2000, the Institutional Revolutionary Party, which had run Mexico for 71 years with the help of a mixture of authoritarianism, corruption and election-tampering, was voted out of office. This was seen as the end of an era ...
THE (SORT OF) NEW MITT
TODAY: Mitt Romney and immigration. As you know, American Hispanics are an important and fast-growing voting bloc. Romney has long had a strategy for winning them over. The key, he explained last year, is to tell...
Al Watan - Arabic Newspaper
Jamila - Monthly Women Magazine


Nation Business Sports Chill Out

Qtel likely to buy remaining stake in Wataniya for $1.9bn

QATAR Telecom (Qtel), the majority state-held telecoms operator, has offered to buy the remaining 47.5 percent stake it does not already own in Kuwaiti unit Wataniya, a Kuwaiti bourse statement said on Tuesday. Based on Wataniya´s current ...

Statoil to shut more oil platforms due to strike
STATOIL plans to shut down three North Sea oil platforms linked to the Oseberg field, which has been hit by an ongoing strike, a trade union said on Tuesday, citing the company´s management. This will further reduce output from the world´s eighth biggest oil exporter. So far gas exports from Norway, the second-largest supplier to Europe after Russia, have not been affected as it can make up for losses from the fields by raising output at others. The Lederne trade union said in a statement it had been told by Statoil´s management the Norwegian oil and gas company intended to shut down Veslefrikk and Brage oil platforms. Statoil declined to comment. Together the two platforms represent a production of about ...
German consumers hold out against debt crisis
GERMAN consumer confidence is holding up despite concerns that the German economy, the biggest in Europe, will be hit by repercussions from the debt crisis, a poll found on Tuesday. Market research company GfK said its household confidence index was forecast to edge slightly higher to 5.8 points in July from 5.7 points for June, a statement said. "The consumer climate is defying the intensification of the crisis, but sentiment is mixed," GfK said. "While income expectations have risen sharply and the propensity to spend has edged higher, economic expectations have seen a sharp downturn," the institute said. "The turbulence in the euro area... has dealt a heavy blow to consumers´ optimism. Fears are on the rise" that ...
France to shelve €1bn spending this year
THE French government will shelve 1 billion euros of planned spending this year, on top of a three-year spending freeze that kicks in in 2013, Budget Minister Jerome Cahuzac said on Tuesday. President Francois Hollande´s five-week-old Socialist government is battling to bring its public deficit down to within a target of 4.5 percent of gross domestic product by the end of 2012, mainly through planned tax increases. Prime Minister Jean-Marc Ayrault told cabinet ministers on Monday that overall spending at ministries and regional government departments would be frozen from 2013 for three years, excluding debt costs and pensions. Cahuzac said this year´s freeze would affect all departments except the education, justice ...

France to shelve €1bn spending this year
Turkey, Azerbaijan to sign $7bn pipeline deal

 

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