06-29-2005, 10:07 AM
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Too lazy to set a custom title
Industry Role:
Join Date: Oct 2002
Location: Montreal, Quebec
Posts: 29,806
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Quote:
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Originally Posted by dready
The oil is secured for US use and sold in US dollars instead of Euros. There is now a solid base in the Middle East to secure the rest of the resources in the region.
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123456788
OK ....
Quote:
China tells U.S. not to meddle in oil deal
United Press International
BEIJING, June 29 (UPI) -- China expressed opposition to interference in a government-controlled oil company's bid for the U.S.-based oil company Unocal, state media said Wednesday.
Foreign Ministry spokesman Liu Jianchao said that China National Offshore Oil Corporation's $18.5 billion offer for Unocal was normal commercial activity between enterprises.
Liu said economic cooperation between China and the U.S. serves the interests of both sides and commercial activities should not be interfered in or disturbed by political elements.
There are growing concerns in Washington over the deal as some U.S. officials are uncomfortable with CNOOC, 70 percent owned by the Chinese government, controlling a major player in the U.S. energy sector.
Sino-U.S. commercial ties are strained on a variety of fronts as China emerges as major economic power, including a massive trade imbalance, widespread copyright and intellectual property infringements plus accusations the country manipulates its currency.
Xinhua reported Wednesday that CNOOC Chief Executive Fu Chengyu is heading to the United States for negotiations and to dispel concerns over the deal.
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__________________
I know that Asspimple is stoopid ... As he says, it is a FACT !
But I can't figure out how he can breathe or type , at the same time ....
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