Items Tagged With Eben Esterhuizen

A U.S.-based company that has controversially laid claim to nearly all of the Arctic Ocean's undersea oil said Thursday that new geological data suggests a "potentially vast" petroleum resource of 400 billion barrels.

As the election nears, the mainstream media, unable this time to make an issue out of Iraq, are focusing on the economy on behalf of the Democrats.

The U.S. Federal Reserve is examining the Nordic bank nationalizations of the 1990s as a possible interim solution to the US financial crisis.

"The current crisis is like putting together the world’s largest jigsaw puzzle and recognizing you’ve completed the borders and a lot of the interior patterns," says bond guru Bill Gross.

April fools day cartoon...

What happens when one of the world’s largest banks reports a multi-billion dollar loss? The stock shoots up, of course. The "Citi applause was premature," says Antony Currie at BreakingViews.com.

Click here to read another brilliant piece written by Anatole Kaletsky at The London Times. "There is, however, another apparent consequence of the credit crunch that is less understood and is causing consternation and anxiety, especially in China and other developing countries. This is the upsurge in oil, food and commodity prices, many of which have almost doubled since the credit crunch began last August, even though the causal linkage between soaring commodity prices and a collapsing supply of credit remains obscure."

When Muslims become Christians: There's a widespread belief that the penalty for leaving Islam is death - hence, perhaps, the killing of a British teacher last week. But Shiraz Maher believes attitudes may be softening.

British politics is missing out on the potential of new media, says The Economist.

Another week, another round of late-night monologues and political jokes.