Even before its outcome is known, Libya’s uprising could leave an indelible mark on the world economy: oil prices have rocketed since Tuesday and could rise even further amid the continuing turmoil that has prompted thousands of foreign oil workers to flee. Libya’s oil output, typically 1.7 million barrels a day, has fallen by more than half since Tuesday, and its energy exports have ground to a complete halt
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Banking: How to clone Switzerland
Several years ago, executives with Singapore’s major private banks came to the government with an enviable problem.
The Battle Over a New Skyscraper for St. Petersburg
Imagine if the Empire State Building were to be placed smack in the middle of Venice or Jerusalem. Jutting out from the ancient streets, a skyscraper of that size would seem absurdly out of sync with the iconic beauty of the cities.
Advertisers find new space — on matador capes
An underemployed Spanish matador is breaking tradition and carrying advertising on his capes in the bullring — promoting a soft drink aimed at gays. While fighting bulls, matador Joselito Ortega will use capes embroidered with the words “Gay Up,” the name of the energy drink
Messi double sparks Barca five-goal romp
Argentina star Lionel Messi scored twice as Barcelona thrashed Atletico Madrid 5-2 in the Camp Nou to maintain their perfect start to the Spanish league season. Messi celebrated his lucrative contract extension at Barca, sealed on Friday, with a superb display against a flagging Atletico who have made a poor start to the season.
Accreditation aims to erase fear in Muslim charitable giving
Akil Vohra quit a lucrative job in international trade litigation to take up something he strongly believes in — as a legal expert, a Muslim and, most importantly, he says, as an American.