14 Sailors Missing In S. Korean Waters
SEOUL, South Korea (AP) -- Rescuers in ships and helicopters launched an intensive search Tuesday for 14 sailors feared drowned after their ship disappeared in freezing waters off South Korea....
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Afghan Force And NATO Battle Taliban In South
According to Afghan officials, no civilian deaths were reported in two days of fighting between the Taliban and NATO forces, made up of Canadian and American troops....
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Trouble On A Vital Road In Afghanistan
Highway 1, Afghanistan’s main road between Kabul and Kandahar, has been rebuilt with $250 million from the U.S. and other nations, but it remains bedeviled by danger....
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Paper’s Ex-Publisher Now Reports From Afar
Karen Elliott House, who was squeezed out last year as publisher of The Wall Street Journal, is now back in the paper ? with a byline....
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Nothing Standard About This £5bn Deal
A Scottish financial services company, newly demutualised, flush with cash from an army of small shareholders, a novice to the disciplines of the stock market, a complete tiro in acquisitions, has a...
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Alger News



Talking Business: Horatio Alger Multiplied by 1.3 Billion

You hear constantly that China is a country of young people, but you really see it in business, where a whole generation of young entrepreneurs has gone from rags to riches.
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Oil price could stay as high as $110 a barrel this year, says Opec$

The president of Opec has predicted that the price of oil could stay as high as $110 a barrel for the rest of the year, spurred by investors seeking to hedge themselves against the weakening US dollar.<br/> <br/> Chakib Khelil, the president of the global oil cartel, who is also the Algerian Energy Minister, said: $“There are big pressures on Opec and some consuming nations would like to present Opec as being behind current high prices.<br/> <br/> “But the truth is that the current prices are linked to US economic problems as well as to the value of the dollar.”<br/> <br/> His comments came after Dick Cheney, the Vice-President of the United States, met Saudi leaders in Riyadh to discuss soaring oil prices. Mr Cheney has urged Saudi Arabia to boost production in an attempt to ease the price of oil.<br/> <br/> There are hopes that a recession in America and moves by China to reduce economic growth will lead to a fall in demand for commodities such as oil and result, in turn, in falling oil prices.<br/> <br/> Opec left oil output levels unchanged this month despite calls from oil-consuming nations to increase production. A week ago, the price of light sweet crude futures hit $111.80 a barrel, a record, but it has eased since amid evidence that the American economy may already be in recession.<br/> <br/> The rising oil price is also creating problems for Saudi Arabia, the world$’s largest oil exporter. Last month, inflation in the country hit a 27-year high, at 8.7 per cent. Last week, Saudi Arabia’s central bank and the United Arab Emirates cut interest rates by three quarters of a percentage point, in line with the US Federal Reserve. Yesterday, Qatar – where inflation is 13.74 per cent – followed suit.<br/> <br/> The Gulf states face an uncomfortable dilemma. As demand for oil soars, Gulf Arab economies are booming, driving demand for everything from housing to power and water. However, instead of raising interest rates to try to stem rising inflation, countries such as Saudi Arabia have been forced to follow the Federal Reserve’s cuts because their currencies are pegged to the US dollar.<br/> <br/> After the meeting with Mr Cheney, the Saudi Supreme Council of Petroleum and Mineral Affairs, which is chaired by King Abdullah, expressed “its satisfaction at the Kingdom’s work in expanding crude production and refining capacity to help meet global demand”.
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World Briefing | Europe: France: Insurgency Recruitment Trial Begins

Six Frenchmen and one Algerian went on trial in Paris, accused of recruiting fighters to join the insurgency in Iraq.
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Cleared pilot could sue for £2 million over 9/11 arrest ordeal

An Algerian pilot falsely accused of training the September 11 hijackers could be in line for £2 million compensation after the Appeal Court attacked the conduct of the case against him.
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Algeria Says It Killed Rebel Leader and Seized 6 in His Gang

The rebel leader was suspected of having been the mastermind of the bombings that took place at United Nations offices in Algiers in December and of an attack on foreign oil workers in 2006.
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External News for: alger

Sun-Times Media names John Barron group publisher - The Associated Press

Crain's Chicago BusinessSun-Times Media names John Barron group publisherThe Associated PressHis old post is being split between advertising vice presidents Jerry Alger and Robert Wall. Alger was named publisher of the SouthtownStar, while Wall was ...John Barron named Sun-Times Media Group PublisherChicago Sun-TimesSun-Times' old stock ticker debuts with new ownerChicago TribuneSun-Times Media names Chicago Sun-Times publisher John Barron as group publisherGaea Timesall 108 news articles »

Sun-Times Media names John Barron group publisher - The Associated Press

Crain's Chicago BusinessSun-Times Media names John Barron group publisherThe Associated PressHis old post is being split between advertising vice presidents Jerry Alger and Robert Wall. Alger was named publisher of the SouthtownStar, while Wall was ...John Barron named Sun-Times Media Group PublisherChicago Sun-TimesSun-Times' old stock ticker debuts with new ownerChicago TribuneSun-Times Media names Chicago Sun-Times publisher John Barron as group publisherGaea Timesall 108 news articles »

Guilty plea in Wash. shooting spree that killed 6 - The Associated Press

Guilty plea in Wash. shooting spree that killed 6The Associated Press2, 2008, near the town of Alger, 70 miles north of Seattle, and continued it on Interstate 5. Described by his family as mentally disturbed, he was captured ...Death penalty decision for Skagit killing spreeSeattle TimesNo Death Penalty In Skagit Shooting RampageKIROtv.comZamora pleads guilty in shooting rampage, won't face death penaltySeattle Post IntelligencerNorthwest Cable News -The Associated Pressall 234 news articles »

Sun-Times Media names John Barron group publisher - The Associated Press

Crain's Chicago BusinessSun-Times Media names John Barron group publisherThe Associated PressHis old post is being split between advertising vice presidents Jerry Alger and Robert Wall. Alger was named publisher of the SouthtownStar, while Wall was ...John Barron named Sun-Times Media Group PublisherChicago Sun-TimesSun-Times' old stock ticker debuts with new ownerChicago TribuneSun-Times Media names Chicago Sun-Times publisher John Barron as group publisherGaea Timesall 108 news articles »

Guilty plea in Wash. shooting spree that killed 6 - The Associated Press

Guilty plea in Wash. shooting spree that killed 6The Associated Press2, 2008, near the town of Alger, 70 miles north of Seattle, and continued it on Interstate 5. Described by his family as mentally disturbed, he was captured ...Death penalty decision for Skagit killing spreeSeattle TimesNo Death Penalty In Skagit Shooting RampageKIROtv.comZamora pleads guilty in shooting rampage, won't face death penaltySeattle Post IntelligencerNorthwest Cable News -The Associated Pressall 234 news articles »

Alger: Idaho offense proves it can move the ball - Idaho Press-Tribune

Alger: Idaho offense proves it can move the ballIdaho Press-TribuneThis island I'm about to set foot on, it's going to have few inhabitants. People may think it's crazy to suggest anything positive came out of ...and more »

 
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