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27%  
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Keyword: spendinglikeasailor

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  • Zoellick warns Venezuela is heading for trouble

    06/16/2007 4:36:31 PM PDT · by Kitten Festival · 16 replies · 832+ views
    Reuters ^ | Noel Randewich
    MEXICO CITY (Reuters) - Robert Zoellick, almost certain to be the next head of the World Bank, on Saturday took aim at Venezuela's leftist president, Hugo Chavez, warning that his oil-fueled socialist revolution was headed for trouble. "It's a country where economic problems are mounting, and as we're seeing also on the political and press side it's not moving in a healthy direction," Zoellick told reporters during a visit to Mexico.
  • Venezuela's oil firm drops from Fortune 500

    07/18/2005 9:15:48 PM PDT · by Kitten Festival · 9 replies · 643+ views
    The American Thinker ^ | 07 18 05 | A.M. Mora y Leon
    The biggest companies in America are oil companies. And why shouldn't they be? For just one speculative oil well, drilling to seek commercially extractable oil, the bill can easily come to $50 million. And that's just to find it. Getting it out of the ground usually costs a lot more. Multiply the risk with the volatility of oil prices, and the only way to stay in business is to save for a rainy day. Big oil companies are tremendously capitalized. ExxonMobil is the largest company in America. So it's all the more remarkable to see that the new Fortune 500...