Transcript Document

• Identify the goal that best fits the
• Explain why you think that goal fits
the image
• Explain to what degree each goal is
being met or not being met by the
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U.S. Inflation Rate
Past Trend Present Value & Future Projection
YoY Change In CPI. Percent.
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Obama says jobs bill to help small-business owners
WASHINGTON — President Barack Obama says small-business owners
especially will benefit from a jobs bill awaiting his signature.
Obama was signing the bill Thursday at the White House.
In prepared remarks, Obama said many small businesses are on the fence about
whether to hire new workers, but tax incentives in the jobs bill should make the
decision that much easier.
The White House released Obama's remarks ahead of a signing ceremony in the
Rose Garden.
The Senate passed the bill Wednesday with 11 Republicans among the 68 senators
who voted to send it to the president. The bill includes about $18 billion in tax
breaks and pumps $20 billion into highway and transit programs.
Copyright © 2010 The Associated Press. All rights reserved.
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Gulf Oil and Gas Ensuring Economic Security
Edited by The Emirates Center for Strategic Studies and Research
In recent years, geopolitical disruptions, tightening oil supply, refining constraints and rising
demand have combined to maintain high oil prices, allowing Middle East oil producers to
capitalize on the resulting revenue windfall. However, formidable challenges for long-term
production loom ahead: Can Gulf oil producers allay the supply security concerns of major
consumer nations? How will limitations in crude quality and constraints in refining capacity
impact on global energy markets? How can OPEC maintain reasonable oil prices in the face
of exhaustible oil supplies and inexhaustible global demand? How will growing non-OPEC
production affect OPEC’s predominant market position in the future?
Gulf Oil and Gas assesses the vital energy issues: the globalization of the gas trade, trends in
crude quality; cooperation between consumers and producers; links between national and
foreign oil companies; future demand for Gulf energy; prospects for augmented Gulf
production; sustainability of Saudi Arabia’s excess capacity; concerns over oilfield security;
imperatives for attracting investment and the need for additional oil refining capacity. For
the Gulf producers, ensuring economic security means going beyond petroleum resource
management to formulate policies leading to diversified national development and greater
economic cohesion while safeguarding the region’s strategic position in an integrated world
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Capital: Human (intelligence/skills); Financial (Money);
Physical (tools, equipment, buildings/factories)
Entrepreneurs: “Risk Takers” – people who risk savings in
order to gain a profit; increase competition by bringing new
g/s to the market; lower prices
Land: Consists of any natural resources (raw materials; land
for people to build homes/offices; trees, oil)
Labor: Fluctuates (growth/decline; life expectancy; work
skills) and can impact an economy’s productivity
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