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CNN
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A huge offshore oil discovery could raise Brazil's petroleum reserves by a whopping 40 percent and boost this country into the ranks of the world's major exporters, officials said.
The government-run oil company Petroleo..
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www.dailystar.com.lb
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Prime Minister Ehud Olmert announced a new $30 billion US defense package to Israel Sunday and voiced satisfaction over Washington's plan to supply state-of-the-art weapons to Saudi Arabia and other Gulf states as a counterweight to Iranian influence. The..
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News.com.au
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Saudi Arabia has decided to write off 80 per cent of the more than $US15 billion ($18 billion) it is owed by Iraq, Foreign Minister Prince Saud al-Faisal said.
As part of its efforts to help Iraq rebuild, the Bush administration has been pressing Iraq'..
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Malta Star
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US President George W Bush will ask Congress for $8.6 billion to improve Afghanistan's army and police forces and $2 billion for infrastructure projects and anti-narcotics efforts, US Secretary of State Condolezza Rice revealed...
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Yahoo News
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ABUJA (AFP) - s, while the rest of the debt will be cleared by March, President Olusegun Obasanjo said...
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Washington Post
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For a little more than $38 billion, the United States and its contractors in Iraq have provided 4.6 million people with access to water. They have distributed seeds to Iraqi farmers, improving wheat harvests. With electricity-generating capacity now above..
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CNN
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China rejected a U.S. report concluding that the Chinese military is secretly increasing spending to break into U.S. military computer systems, expand its Navy, and invest in intercontinental nuclear missiles and weapons to destroy satellites. The United..
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CNN
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The leaders of the world's richest nations on Friday agreed a $60 billion pledge to fight diseases such as AIDS in Africa and restated promises to double development spending on the continent.
The leaders held their joint session on the last day of the..
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Al Jazeera
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G8 countries had wrangled late into Thursday night about specifics on aid for Africa.New money They were expected broadly to recommit themselves to pledges made at a 2005 summit in Scotland when they said they would double development funding by 2010...
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The Australian
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BRITISH Prime Minister Tony Blair today confirmed that his Government will seek to update Britain's nuclear deterrent with a new generation of submarines that will cost between £15 ($38 billion) and £20 billion ($50 billion)...
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Monsters and Critics
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Private equity investors are buying OSI Restaurant Partners Inc., which owns such chains as Outback Steakhouse, for about $3.2 billion...
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