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China's dismal view of African Negroes.
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[QUOTE]Originally posted by The Explorer: [QB] [QUOTE]Originally posted by Apocalypse: NY Times Story summer 2010: Portugal turns to Angola for Growth. [QUOTE]Portugal, one of Europe’s ailing economies, is increasingly placing its hopes of recovery on Angola, a former colony that has established itself as one of the strongest economies in sub-Saharan Africa — thanks largely to oil and diamonds.[/QUOTE] http://www.nytimes.com/2010/07/14/business/global/14angolabiz.html?_r=1&pagewanted=print [/QUOTE]In fact, Angola is more than a stooge and is an international player in the oil industry. The [b]state-owned[/b] Sonangol [b]won[/b] the bid to develop two Iraqi oilfields in a [i]competition against[/i] European, US and Chinese oil concerns. This is significant, because the U.S. is the main occupying force in Iraq. [QUOTE][b]*Angolan firm wins Qayara, Najmah oilfields[/b] Sat Dec 12, 2009 4:26pm GMT *Angolan firm wins Qayara, Najmah oilfields *Fields near Mosul, one of Iraq's most violent cities (Adds details, quote, background) By Simon Webb BAGHDAD, Dec 12 (Reuters) - Angola's national oil company Sonangol won deals to develop two oilfields in one of Iraq's most dangerous provinces on Saturday. The Qayara and Najmah oilfields were among the smallest on offer in a two-day auction for 10 fields that included some of Iraq's choicest fields. Sonangol won two of the highest per-barrel remuneration fees at the auction -- $5.00 for Qayara and $6.00 for Najmah. The higher fees reflects the smaller size of the fields and the lower quality oil they will produce and may also be an indicaton of the difficulties facing Sonangol in a dangerous corner of Iraq, still grappling with post-war violence. The nearby city of Mosul is one of the most violent cities in the country. Shootings or bombings by insurgent groups like al Qaeda are a regular occurence. The region's diverse population of Arabs, Kurds, Christians and Turkmen is one reason for the tension. Organised crime in a security vacuum is also blamed for the high rate of violence...[/QUOTE]Source: Reuters. [/QB][/QUOTE]
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