Outside Saudi Arabia, there is no spare capacity. Sanctions on Iran have meant that no new outside funds have come to bolster the current production of around 4 million barrels a day. Outside Saudi Arabia, there is no spare capacity. Sanctions on Iran have meant that no new outside funds have come to bolster the current production of around 4 million barrels a day.
New Delhi has all along demanded that the principle of less-than-full reciprocity -- which implies that industrialised countries take bigger tariff reduction commitments than developing countries -- must be the cornerstone of Doha non-agriculture market access modalities. Besides, India demanded that the formula to cut industrial tariffs and the flexibilities provided to developing countries in the July 2004 framework agreement should never be linked.
Adriano was recalled by Brazil for next month's World Cup qualifiers on Thursday, only the second time he has been picked by his country since the 2006 World Cup. The 26-year-old was included in a 25-man squad for the matches away to Paraguay in Asuncion on June 15 and at home to arch-rivals Argentina in Belo Horizonte three days later.
Murli Deora, Minister for Petroleum and Natural Gas, will be leaving for Pakistan on Tuesday. India and Pakistan's relation will get unprecedented boost if talks on Turkmenistan-Afghanistan-Pakistan-India natural gas project proceeds on a fast track, said a high-level source in the Indian Ministry of Petroleum and Natural Gas. The biggest issue in realising the TAPI pipeline project is the issue of security through Afghanistan.
The OpenMalaysia blog -run by advocates and students who support 'open' standards -- indicates that some countries have changed their earlier 'No' votes to 'Yes' for OOXML, helping the software major to get the necessary combination of more than two-thirds 'approve' votes and less than a quarter for 'disapproval'. Lawyer and standards expert, Andrew Updegrove, an advocate of the rival standard Open Document Format, too corroborates this view.
Peak oil has been a matter of discussion in recent times. Christophe de Margerie, the Chief Executive of Total in France, says the world will never produce 100 mn barrels per day of oil; we currently produce around 85 mn barrels per day of oil. In UK, it is widely understood by the general public that the U.K. is going to be a net importer of energy from now on. Peak oil is a reality. It may take a generation for all the effects to be played out but they will be played out.
Aban Offshore, India's largest oil rig company, is likely to come under increased stress for repaying debt after the loss of its semi-submersible rig, Aban Pearl, which sank in the early hours of Thursday, according to analysts.
The brunette from Toronto was chosen from five contestants, including four from Latin America, in the final round of the competition.
England, Canada and Israel remained the nations generating the warmest feelings among Americans. Americans' warmth toward China, India and Israel grew the most.
The top performing microfinance institutions the world over are achieving high growth and profitability.
Oil rich Venezuela, which has been lobbying for the non-permanent UN Security Council seat for a long time, distributing huge amounts of aid among African, Asian and Caribbean nations. But it is vehemently opposed by the United States.
A news report had claimed that Bush had threatened Dr Singh with regard to voting for Venezuela in the elections for non-permanent members of UN Security Council.
Libya's defiant leader Muammer Gaddafi vowed to fight his detractors and die a martyr, as outrage grew over the bloody suppression of anti-government protests in his country.
Chavez also said the UN has become worthless.
The United World College invites applications for its two-year International Baccalaureate programme in its colleges in India, Canada, Hong Kong, Italy, Norway, Singapore, Swaziland, UK, USA and Venezuela.
'Arms acquisition by India gives credibility to the Russian defence hardware.'
The problem is not just India's. China, too, must deal with a commercially resurgent Russia. Beijing had signed, in 2005, a $1-billion order for 34 giant IL-78 transport planes and 4 IL-78 refuelling aircraft. Now Russia has realised that it cannot meet its own as well as Beijing's requirements. That contract is being renegotiated at a higher price.
Most rich and upper-middle class Indians are greatly under-taxed. Worse, the government annually writes off over Rs 5 lakh crores through exemptions. This practice must be ended if the growth-development disconnect is to be abolished, says Praful Bidwai.
The DMK will not regret parting company with the Congress as Karunanidhi knows that in this era of coalitions, it is impossible for the Congress-led government to seek a third term, given its track of record of scams. Even otherwise, the Congress has no base in Tamil Nadu where it has been out of power since 1967, says S Murari
As it is, a great deal of oil is produced in countries with little to underpin their economies besides oil, so pricing the black stuff in an international currency makes sense, especially when that currency is that of the primary buyer of the oil concerned. It makes things simple for the buyer and lets the seller take its revenue in a major currency.
India needs to be assertive in its stance that it will not sit down for a dialogue where it is treated at par with its anarchic and erratic neighbour.
Argentina's Leandro Cufre and Maxi Rodriguez were also banned and fined for the brawl after the Germany game.
The government has notified a list of 57 countries in Africa and South America that would get duty benefits under the Focus Market scheme, announced in the Foreign Trade Policy early this year, to boost exports.
A separate poll showed that more than a third of Britons did not know where Trinidad and Tobago is.
Brazil and Paraguay share second place in the World Cup qualifying standings with four points, behind Argentina on six.
- Brazil have failed to win any of their last meetings against Group F opponents Croatia, Japan and Australia, suggesting their first round progess will not be as easy as anticipated.
Brazil beat a Lucerne select side 8-0 in front of a capacity 30,000 crowd at the St Jakob stadium
In the US, recession started in December 2007, and will last at least until December 2009 - the longest and deepest US recession since World War II, with the cumulative fall in GDP possibly exceeding 5 per cent. The recession in other advanced economies (the euro zone, United Kingdom, European Union, Canada, Japan, Australia, and New Zealand) started in the second quarter of 2008, before the financial turmoil in September and October further aggravated the credit crunch.
Arriving in Oran, Algeria, ahead of an Opec ministerial meeting on Wednesday, Ali Naimi, Saudi Arabia's powerful oil minister, said Opec had so far cut a total of 1.7m barrels a day, with Saudi Arabia accounting for 1.2m b/d.
India has climbed up 10 notches on the World Competitiveness Scoreboard and has ranked 29 due to its technological achievements and booming services sector.
Government's refusal to allow Oil and Natural Gas Corporation to acquire oilfields in Nigeria and Ecuador has cost the country 23 million tonnes per annum of oil production, a top official said on Friday.
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