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Iraqis wait to see gains from country's oil boom
Aug 20th, 2012
Iraq is fast becoming an oil producing powerhouse, but you'd never know that by looking at the faded Unknown Soldier gas station in downtown Baghdad. There's no repair garage or mini-mart, just a cramped office with tattered vinyl couches. Horns blare as a string of waiting cars backs up into busy Sadoun Street, slowing traffic. (Source: Associated Press) -
BASRA, Iraq (AP) - Hundreds of Iraqis attended the Friday funeral in a southern city of two Shiite fighters killed in Syria. Several such funerals have been held in recent months, the latest sign that the conflict has taken on a sectarian regional dimension. (Source: Associated Press)... [Full Article]
By Sylvia Westall KUWAIT (Reuters) - After two lackluster decades, Kuwait is experiencing a quiet revival of an arts scene once known as the most avant garde in the Gulf, thanks to a new generation eager to tackle sensitive issues using cutting-edge art forms. The artists have been exhibiting works in the graphic arts, photography, animation and fa... [Full Article]
BRUSSELS (AP) - The European Union's leaders have agreed to push through a major policy to tackle tax evasion by the end of the year. (Source: Associated Press)... [Full Article]
By Dmitry Zhdannikov and Christopher Johnson LONDON (Reuters) - Rising U.S. shale oil production will help meet most of the world's new oil demand in the next five years, even if the global economy picks up steam, leaving little room for OPEC to lift output without risking lower prices, the West's energy agency said. The prediction by the... [Full Article]
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