The Iraqi government announced Saturday it had signed a multi-billion dollar deal with two Western companies, General Electric and Siemens.
Both will help the Iraqi government deliver enough energy to its people. At this moment, the country suffers from a tremendous lack of energy supply, due to years of neglect, war, and later civil war. (more…)
Meir Javedanfar explains for Pajamas Media why Mahmoud Ahmadinejad, Iran’s President, is so afraid of falling oil prices.
Although many think that it is all about hurting the West, hurting anyone is not Ahmadinejad’s main concern in this regard, Javedanfar argues. No, the real reason Iran is constantly trying to push up oil prices is that Iran’s economy is in trouble. (more…)
Sergio Garcia, determined to take revenge for a disappointing Ryder Cup performance, took the lead in the US PGA Tour Championship on Saturday. The winner of this prestigious championship will go home with $7 million.
‘Garcia fired a three-under 67 to open a three-shot lead after three rounds of the tournament, which caps the FedEx Cup playoff series.’ (more…)
Yet another major bank, this time a European one, is in trouble. Dutch Belgian bank Fortis has announced it will rapidly try to sell more of its assets in order to keep the company, well, alive and going. Fortis’ stocks, logically, fell.
Fortis even indicated that it may sell its shares in ABN AMRO bank – another major Dutch bank, which was taken over by a partnership of three (banks) last year. (more…)
The Democrat-led United States Senate sent a bill worth $634 billion to President Bush to sign. Unlike what some may have hoped, the bill is not the one aimed at reviving the U.S. economy; it’s goal is to keep the federal government active until the end of the year. If this bill would not have passed – and it did with 78 lawmakers voting for it and only 12 against – and if Bush does not sign it, Congress risks a lame-duck session after the Nov. 4 election. (more…)
If you’re using Internet Explorer it seems that PoliGazette looks best if you upgrade your IE to the latest version – that’s IE 7 for the normal version, but IE 8 Beta (still in development phase) works great with this website as well. Additionally, IE 8 is faster and in many other regards easier in use than the older versions.
Some versions, especially older ones, of IE seem unable to deal with PoliGazette‘s lay-out. IE 8, however, works just fine, as does IE 7.
You can download IE 8 Beta here.
Shortly after South Africa’s President Thabo Mbeki was forced to resign, the ANC – his party and that of Nelson Mandela - is in trouble. Many prominent (and not so prominent) members are threatening to create their own party.
The ANC first came to power immediately after the end of Apartheid. Nelson Mandela was the party’s first leader and, therefore, the country’s first black president. (more…)
10 Commandments for bloggers have been created and presented during a conference in London by the Evangelical Alliance. This alliance believed it was necessary for religious (Christian) bloggers to adhere to certain rules that would allow them to blog, without having their blogs deteriorate into vile places of swears and online bickering.
Although I have to admit that I too laughed out loud when I heard about the initiative, I have to say that the web would be a much better place if all bloggers would agree to these ‘commandments.’ (more…)
The way ‘elite’ journalists – and I use the word ‘journalist’ rather loosely these days - and bloggers try to spin the debate last night is fascinating to watch. Progressives pretend that it was a (clear) victory for Obama, whereas conservatives act as if it was McCain who called the shots.
Conservative columnists such as Roger L. Simon argue that McCain’s unwillingness to look at Obama, while Obama’s constant glaring at McCain, indicates that the Democrat accepted the Republican as the “alpha male.” (more…)
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