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WASHINGTON, Nov. 27 — Flush with petrodollars, oil-producing countries have embarked on a global shopping spree.
... Experts estimate that oil-rich nations have a $4 trillion cache of petrodollar investments around the world. And with oil prices likely to remain in the stratosphere, that number could increase rapidly.
-- Steven R. Weisman for The New York Tiimes
I wonder if this could be the 'soft power' way of converting us to more Islamic ways, through greater control of our corporations and businesses.
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WASHINGTON, Nov. 27 — Flush with petrodollars, oil-producing countries have embarked on a global shopping spree.
... Experts estimate that oil-rich nations have a $4 trillion cache of petrodollar investments around the world. And with oil prices likely to remain in the stratosphere, that number could increase rapidly.
-- Steven R. Weisman for The New York Tiimes
I wonder if this could be the 'soft power' way of converting us to more Islamic ways, through greater control of our corporations and businesses.
