Tag: lbo
Jackpot
PARIS, Apr.24 (AFP) – While governments and consumers weep over the rise and rise of fuel prices, oil companies are rubbing their hands in glee. Last year the world’s 250 top oil companies earned profits totalling 243 billion euros (300 billion dollars), a 35-percent increase on 2004, and that in spite of hurricanes in the […]
Sri Lanka seeks Tiger ban in Europe as toll hits 14
Apr. 23 (AFP) – Sri Lanka Sunday asked the European Union to designate Tamil Tiger rebels as terrorists, saying such a move could nudge them into resuming talks on a collapsing ceasefire.The request came as 14 more people were killed in fresh violence linked to the latest clashes with Tamil Tiger guerrillas in the island’s […]
More blasts in Sri Lanka as Norway mounts new peace bid
Apr.21 (AFP) – Three policemen were killed and three injured in two mine attacks in Sri Lanka Friday, police said, as Norway launched a fresh bid to save the island’s tottering peace process. At least 65 people were killed in the bombings alone while the Tigers said more than a dozen were killed in attacks […]
Easing Up
SINGAPORE, April 21, 2006 (AFP) – Oil prices were lower in Asian trade Friday on profit-taking after recent sustained gains to record highs amid concerns over tight US gasoline (petrol) supplies and tensions over Iran’s nuclear ambitions, dealers said. At 11:15 am (0315 GMT), the June New York light sweet crude contract was at 72.96 […]
Four more killed in Sri Lanka violence
Apr. 20 (AFP) – At least four people were killed in Sri Lanka on Thursday as a Norwegian peace envoy headed for talks with Tamil Tiger rebels on saving the island’s ceasefire, officials said.Suspected Tamil Tiger rebels shot dead a rival activist in the eastern town of Batticaloa on Thursday and fought a gun battle […]
Tigers put off truce talks amid fresh violence
Apr. 20 (AFP) – Tamil Tiger rebels announced Thursday that they were indefinitely postponing peace talks aimed at saving a truce with Colombo as four more people were killed in fresh violence in Sri Lanka.– Amal Jayasinghe The Liberation Tigers of Tamil Eelam (LTTE) told Norwegian peace envoy Jon Hanssen-Bauer that talks scheduled for April […]
High Octane
LONDON, April 20, 2006 (AFP) – World oil prices reached new historic peaks on Thursday, above 74.0 dollars in London and 72.0 dollars in New York, owing to mounting tensions over Iran’s nuclear programme and fears of gasoline shortages in the United States. In London, the price of Brent North Sea crude for June delivery […]
Heavy Cross
MADRID, Apr. 20 (AFP) – Consumers should carry the burden of higher oil prices, International Monetary Fund (IMF) chief Rodrigo Rato said in an interview published Thursday by the Spanish daily El Pais. Rato said it would be necessary to “pass on new energy prices to consumers”, and added: “There is a very clear message, […]
More bloodshed as Norway pushes for Sri Lanka peace
Apr. 19 (AFP) – Another 10 deaths were reported Wednesday in Sri Lanka’s embattled north and east as Norway’s new peace envoy launched a fresh attempt to salvage the island’s collapsing ceasefire.Two Claymore mine attacks also rocked the troubled regions Wednesday, wounding at least five people including a Korean businessman and two of his Sri […]
Oil For Poor
TEHRAN, Iran, Apr.19 (AFP) – Iran’s President Mahmoud Ahmadinejad has called on oil producers, in particular fellow OPEC members, to sell a part of their crude production to poor countries at “better prices”, the ISNA news agency reported Wednesday.“Oil producing countries, in particular OPEC members, could determine quotas for poor consumers with better prices,” the […]
Norway envoy holds talks with Sri Lanka PM on saving truce
Apr.19 (AFP) – Norway’s new peace envoy to Sri Lanka has held talks with Prime Minister Ratnasiri Wickremanayake on moves to salvage the island’s tottering ceasefire, government officials said Wednesday.Jon Hanssen-Bauer advanced his meeting with the prime minister to Tuesday, shortly after arriving in the island amid an upsurge in violence which the Colombo government […]
Ten killed in Sri Lanka, foreigner among injured
Apr. 19 (AFP) – Ten more people have been killed in Sri Lanka, police and Tamil Tiger rebels said Wednesday, as two Claymore mine blasts wounded four people.A foreign national, believed to be a Southeast Asian, was among those wounded Wednesday, police said adding that his vehicle was hit by a Claymore mine in the […]