This is the region of newly proclaimed jihadi emirates in south Yemen that are run by affiliates of al-Qaida in the Arabian Peninsula (AQAP), the Yemeni franchise of the movement founded by Osama bin Laden.
The industrial sector is the real excitement for us, which is growing at a rate of 15 percent, which is not a joke. The other one is service sector, like the financial services or the restaurant and hotels or other services in the economy.
U.S. regulators’ $14 million settlement with high-frequency trading firm Optiver over oil price manipulation in 2007 is a “milestone” victory in their toughening stance on market malfeasance which is being closely watched by traders.
Soaring demand for broadband helped Saudi Telecom Co (STC) post a 60 percent increase in first-quarter profit on Wednesday, with the former monopoly reporting rising revenues in its mobile, fixed line, corporate and wholesale units.
Saudi Arabia is likely to maintain high oil production in the event consumer countries release emergency stocks, but it will not seek to lure buyers for more oil by discounting its crude, industry sources said.
U.S. Secretary of State Hillary Rodham Clinton made clear Saturday that time is running out for diplomacy over Iran’s nuclear program and said talks aimed at preventing Tehran from acquiring a nuclear weapon would resume in mid-April.