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Russia tightens grip on oil supplies
Russia overtakes Saudi Arabia as top exporter - and uncertainty continues over Ukraine pipelinesRussia's stranglehold over dwindling global energy resources was dramatically confirmed yesterday when new figures showed that the country has become the world's biggest exporter of oil.With production in August hitting record levels, Russia toppled Saudi Arabia from the number one spot. It is already the world's largest exporter of gas, and supplies around a third of the European Union's consumption.The news is likely to heighten unease in EU capitals over the Kremlin's tightening grip on energy reserves. There are fears of a repeat of January's debilitating gas war between Russia and Ukraine - which saw winter supplies to EU consumers cut off for weeks. Members of Opec agreed to cut oil production last year in response to the economic crisis. Moscow indicated last December that it would follow suit but instead ramped up production in the second quarter of 2009, as new fields in Siberia ca
Guardian

AP ENTERPRISE: Montana jail deal raises questions
BILLINGS, Mont. -- The Two Rivers Detention Center was promoted as the largest economic development project in decades in the small town of Hardin when the jail was built two years ago. But it has been vacant ever since.
Seattle Post Intelligencer

Utah and Idaho dairy farmers donate milk to U.S. military in Iraq
Logan » Farmers in Utah and Idaho on Saturday donated care packages to 350 Army Reservists serving in Iraq, despite their own economic hardships and the U.
The Salt Lake Tribune

`The clock is ticking` on Iran
World "The clock is ticking," he warned, adding, "If there is enough political and economic action put together, there is a good chance that Iran will listen to reason. I don't think they are irrati...
bignewsnetwork.com

Utah dairy farmers donate milk to military
Logan » Farmers in Utah and Idaho on Saturday donated care packages to 350 Army Reservists serving in Iraq, despite their own economic hardships and the U.
The Salt Lake Tribune

Europe Adrift: The conflicting demands of unity, nationalism, economic security, political stab ility, and military readiness now facing a (Hardcover) newly tagged ``politics``
Europe Adrift: The conflicting demands of unity, nationalism, economic security, political stab ility, and military readiness now facing a (Hardcover)By John Newhouse 56 used and new from $0.01 customer rating: First tagged 'politics' by Red Ranger Customer tags: politics(2), nationalism, military readiness, common market, economics, economic policy, political process, nonfiction, john newhouse, european union, international relations, europe
Amazon

Big week ahead for stocks
Reports of the stock rally's demise have been greatly exaggerated, with September so far managing to eschew a much-predicted selloff. A torrent of economic news this week could turn the tide.
CNN

Video Game Sales Slide 16 Percent in August
Numbers from the NPD Group show the video game industry is still struggling, as sales fell 16 percent compared with August of last year. - Video game sales continued their economic slide in August, falling 16 percent, to $908.7 million, and extending the industrys sales decline to the sixth straight month, according to market research company The NPD Group. The Nintendo Wii posted the best sales of the three major console makers, ...
eWEEK

NY Fashion Week designers ask: Who wants a hug?
NEW YORK (AP) -- Since the economic downturn began, fashion designers have brought us plenty of hard-edged looks: rock-star leather, gladiator shoes, '80s-style shoulder pads....
The Arizona Republic

Global economic crisis to continue: IMF chief
BERLIN (Reuters) - The global economic crisis will continue and countries must do more to adopt financial market regulations, international Monetary Fund Managing Director Dominique Strauss-Kahn told a German magazine on Saturday.
Reuters

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