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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: petrodollar

petrodollar stories: 6 news summaries
Thomas Friedman

Carbon-Tax Foes Must Think the End Is Nigh

How else to explain them being OK with the exploding population?

Nov 18, 09 8:25 AM CST
(Newser) - Opponents of cap-and-trade legislation must believe that a massive plague will wipe out 2.5 billion people sometime between now and 2050. Otherwise, their stance makes no sense, writes Thomas Friedman of the New York Times . Even if you don’t believe climate change is real—and Friedman does—... More »

MORE ABOUT:
climate change • environment • cap and trade • Thomas Friedman • petrodollar • overpopulation • climate change legislation • carbon taxes • population growth

ANALYSIS

 Bye, Bye, Petro-Czars 

The power of petro-czars has slumped as oil prices have fallen

Feb 15, 09 6:02 PM CST
(Newser) - There is one silver lining to the global recession: The economic and political fortunes of America’s oil-rich antagonists have been tarnished, Rana Foroohar writes in Newsweek. Russia’s Vladimir Putin, Iran’s Mahmoud Ahmadinejad, and Venezuela’s Hugo Chávez have all been humbled by the falling price of... More »

MORE ABOUT:
Iran • Russia • oil • Venezuela • Mahmoud Ahmadinejad • Vladimir Putin • Hugo Chávez • petrodollar

ANALYSIS

Hefty Carbon Tax Raised Norway's Emissions

Greenhouse gases up 15% despite system aimed to curb them

Sep 30, 08 4:07 PM CDT
(Newser) - In 1991, Norway enacted a punishing carbon tax, but things haven’t turned out quite as expected, the Wall Street Journal reports. Greenhouse-gas emissions have actually risen 15%, and industries deemed vital to the nation’s economy or image were spared the tax or given sweet deals. Though the oil... More »

MORE ABOUT:
environment • greenhouse gases • cap and trade • European Union • Norway • petrodollar • carbon emissions

Petrodollars Snap Up Americana

Foreigners 'recycle' bucks with trophy buys
like Chrysler Building

Jul 10, 08 4:33 AM CDT
(Newser) - Foreign investors flush with dollars from the global commodities boom are using those greenbacks to buy flashy American properties, the New York Times reports. The government of Abu Dhabi bought a 75% stake in the Chrysler building Tuesday. Other recent "trophy" buys have included Donald Trump's Palm Beach mansion... More »

MORE ABOUT:
foreign investment • Abu Dhabi • USA • petrodollar • Chrysler Building • Abu Dhabi Investment Authority • sovereign wealth funds

OPINION

For Sale: These United States

Bush, US companies reduced to holding
out a tin cup

Jan 20, 08 10:41 AM CST
(Newser) - Some Americans are outraged about illegal immigrants crossing the Mexican border, but the New York Times' Maureen Dowd thinks that the breech of some financial boundaries are of greater concern. "Who’s going to own the American economy?" she asks, pointing to oil-rich countries taking advantage of the weak... More »

MORE ABOUT:
Citigroup • Warren Buffett • Merrill Lynch • US economy • Maureen Dowd • US dollar • petrodollar • weak dollar • George W. Bush

Oil-Price Surge Fuels Global Investing Binge

Producers' deep pockets evident in Abu Dhabi's Citigroup outlay

Nov 28, 07 2:18 PM CST
(Newser) - Petrodollars have fueled an investing binge in companies ranging from chipmaker AMD to private-equity giant Carlyle Group to Citigroup. And, with nearly $5 billion in oil revenue gushing weekly into Persian Gulf nations, the spree won’t likely slow, the New York Times reports. “The oil-producing countries simply cannot... More »

MORE ABOUT:
oil • OPEC • Dubai • Abu Dhabi • oil price • crude oil • petrodollar

6 Stories


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