Dilemma X

Africa’s 40 Richest Edited by Kerry A. Dolan Reported by Zina Moukheiber, Mfonobong Nsehe, Edwin Durgy and Susan Adams Forbes’ inaugural list of the 40 Richest People in Africa is a testament to the growing global importance of the continent. Fortunes are being created everywhere from South Africa clear north to Morocco and Egypt in […]

New plastic $100 bill not thief-proof, store owners say Michelle McQuigge The Canadian Press TORONTO — If money talks, Canadian retailers may not be listening. Store owners who are impressed with the security innovations built into the new $100 bill aren’t in any rush to stuff them into their tills or accept them from customers, […]

Zwarte Piet (Black Pete)   Many Americans have never seen these unusual Christmas celebrations that occur in some European countries. Many say it was Holland’s Sinterklaas who inspired America’s modern-day Santa. North America’s Santa Claus developed in the 19th and 20th century as a modern perception of Father Christmas, Sinterklaas and Saint Nicholas. Most Americans […]

New producer Ghana targets $768 million from oil AFP ACCRA — Ghana, which only began large-scale oil production less than a year ago, is targeting oil revenue of about $768 million in 2012, the nation’s finance minister said on Wednesday. Presenting the government’s 2012 budget to parliament, Finance and Economic Planning Minister Kwabena Duffour also […]

Marijuana confiscated in raid on Tijuana-to-San Diego tunnel By Richard Marosi Los Angeles Times Reporting from San Diego— The discovery of a major drug tunnel linking San Diego and Tijuana warehouses led to the seizure of about 17 tons of marijuana as well as a large pot-growing operation east of San Diego, U.S. and Mexican […]

Libya’s Oil Output Can Reach 800,000 Barrels by End of 2011 By Robert Tuttle and Nayla Razzouk Bloomberg Libya, the holder of Africa’s biggest oil reserves, will produce as much as 800,000 barrels of crude a day by the end of this year, the chairman of state-run National Oil Corp. said. ….The nation currently pumps […]

U.S. to Expand Military in Australia Over China Risk By Caren Bohan and James Grubel Reuters CANBERRA, AUSTRALIA– President Barack Obama and Australian Prime Minister Julia Gillard on Wednesday unveiled plans to deepen the U.S. military presence in the Asia-Pacific, with 2,500 U.S. marines operating out of a de facto base in northern Australia. China, […]

Countries With the Most Students Studying in the United States   Source: Institute of International Education:   The number of international students at colleges and universities in the United States increased by five percent to 723,277 during the 2010/11 academic year, according to the Open Doors report, which is published annually by the Institute of […]

Russia, The Next Silicon Valley?   Kenneth Rapoza Forbes   Some time in the near future, Russia will no longer be known as a country whose growth depends on natural gas development. The future Russia is a tech powerhouse rivaling the brain trust and talents of Silicon Valley, says the country’s presidential aide Arkady Dvorkovich […]

2 onshore Nigeria oil fields sold to local firms   Associated Press   LAGOS, NIGERIA— Nigeria’s state-run oil company says two onshore oil fields once owned by Royal Dutch Shell PLC, Eni SpA and Total SA have been sold to local firms.   The Nigerian National Petroleum Corp. said in a statement Sunday the fields […]