Wednesday, May 21, 2008

US liberal icon Ted Kennedy's latest battle

The United States Massachusetts Democrat Ted Kennedy suffered a seizure Saturday and has since been hospitalized at Massachusetts General Hospital in Boston. Doctors at Massachusetts General Hospital, who were investigating the cause of a seizure that Kennedy, 76, suffered at his Cape Cod compound on Saturday, said preliminary results from a biopsy of the brain had revealed that the senator has a malignant glioma in the left parietal lobe, the upper left part of his brain. News of the brain tumor surprised people in Washington, Massachusetts and beyond, generating reaction around the world, where Kennedy's family legacy and his 46 years in the Senate have made him a well-known figure. More on this news and responses from US leaders..

Wednesday, May 07, 2008

Oil to reach $200 a barrel

Analyst Arjun Murti on writes, crude oil prices could surge to $200 a barrel in the next two years, according to the Goldman Sachs analyst who three years ago correctly predicted a price “super-spike” above $100 a barrel.

The warning by Arjun Murti came as oil prices hit a fresh high above $122 a barrel, boosted by supply disruptions in Nigeria, lower output in Russia and continued robust demand in China ahead of the Olympics.

Mr Murti said the energy crisis could be coming to a head as a lack of adequate supply growth was becoming apparent.

He said: “The possibility of $150-$200 per barrel seems increasingly likely over the next six to 24 months.”