Archive for July 18th, 2008

Oil prices tumble in biggest weekly drop ever (AP)

Written by on Friday, July 18th, 2008 in Latest News.

Oil traders react during trading  activity on the floor of the New York Mercantile Exchange, Friday July 18, 2008.  Oil prices rose above $131 a barrel Friday as news of an output cut in Nigeria helped to halt the sharp decline in prices that began three days ago. (AP Photos/Bebeto Matthews)AP – The price of oil recorded its largest weekly drop ever, and a gallon of gas finally pulled back from its record high. So is it time to declare the energy bubble popped?

Original post by AP and software by Elliott Back

U.S. presence at Iran talks divisive

Written by on Friday, July 18th, 2008 in Latest News.

A senior U.S. envoy will sit eye-to-eye for the first time today with a top Iranian nuclear negotiator, a reversal in U.S. policy to entice Tehran into ending activities that could be used to make atomic weapons.

Original post by AFP and software by Elliott Back

AFP – Pope Benedict XVI Saturday apologised fully to victims of child sex abuse by Catholic clergy for the first time, expressing his shame and calling for perpetrators of the “evil” to be brought to justice.

Original post by AFP and software by Elliott Back



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