India's Riches Reach to Kurdistan


	India's Riches Reach to Kurdistan

abailart

10-30-2007 4:13 AM

168 views

tags:

india, wealth, oil, kurdistan

abailart says:

And in the background to the economic miracle, mass poverty. The rich get richer, the poor stay poor. Welcome to western democracy.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/6a90d247-e2aa-4400-9a6f-2e859a1cbb7f/1A29ECA6-B3E6-4D39-A823-3D6CA976D70D/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://news.independent.co.uk/business/news/article3109959.ece" href="http://news.independent.co.uk/business/news/article3109959.ece" style="font-size: 11px;">news.independent.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.independent.co.uk/business/news/article3109959.ece"><P>A record-breaking performance by India's stock markets has put the industrialist Mukesh Ambani at the top of a list of the world's richest people.</p> <P>Buoyed by unprecedented inflows from US and European investors, the benchmark Mumbai Sensex stock index topped 20,000 for the first time yesterday – having almost doubled in value in the last two years.</p> <P></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.independent.co.uk/business/news/article3109959.ece">Meanwhile, Reliance Industries yesterday signed a production-sharing contract for two oil and gas exploration blocks in the Kurdistan region of northern Iraq, a senior company official said. The deal was signed with the Kurdistan regional government.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.independent.co.uk/business/news/article3109959.ece">Reliance Industries, which was founded by Mr Ambani's father, Dhirubhai, spans oil, textiles and biochemicals and has annual revenues of $27bn,</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/1A29ECA6-B3E6-4D39-A823-3D6CA976D70D/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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