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Gas exporting states start their own cartel.

After seeing the damage OPEC can do to oil, leading natural gas exporters have convened to create their own cartel.
” ‘A new organization has been born today…. The charter has been agreed. The headquarters will be in Qatar,’ Russian Energy Minister Sergei Shmatko said after …

Iraqi “shoe thrower” goes to court

Muntazer al-Zaidi, 29, the television reporter that threw his shoes at President Bush went to court yesterday to face a judge for “offending the head of a foreign state,” a charge that could land him in jail for up to 7 years.
After the shoe incident, …

President Bush visits Iraq and has shoes thrown at him.

On his final trip to Iraq as Commander in Chief, President Bush was giving an interview and an Iraqi journalist called him a “dog” and threw one shoe. Then as he threw the second shoe, he said that it was for all the women and …

Inspiration behind the netbook

A BusinessWeek article explains where the inspiration for the netbook came from.
“Clearly it was inspired in part by the One Laptop Per Child organization and its XO computer for children in poor countries.”
The article from BusinessWeek says that the market was “just right” for the …

This week on Wall Street

This week was good for Wall Street. There were 4 days in a row where the S&P increased. Even with the news about the downward spiraling economy, the markets reacted positively.
With consumer confidence levels dismal and home prices the lowest they have been in …