Nigerian Times

17 Feb 2012 12:00 Africa/Lagos "The Global Oil Tanker Market Will Reach $18.96 in 2012" According to the Latest visiongain Report LONDON, February 17, 2012/PRNewswire/ -- http://www.visiongain.com/Report/766/The-Oil-Tanker-Market-2012-2022 Global oil trade is profoundly dependent on seaborne oil tankers for the transportation of crude oil. Over recent years the trading of refined petroleum products and petrochemicals by sea has also risen. All of these petroleum related products are somewhat volatile and closely linked to levels of economic activity. Visiongain has calculated capital expenditure in the oil tanker market will reach $18.96bn in 2012. There are a number of driving factors that will require investment in oil tankers over the forecast period despite the current lacklustre economic situation. For example, in the near future regulators will be enforcing laws on oil tanker fuel efficiency and water ballast systems which will require companies to upgrade and retrofi...

8 Nov 2011 16:00 Africa/Lagos Global Growth to Lose Momentum Emerging Economies Will Account for Much of the Slowdown PR Newswire NEW YORK, Nov. 8, 2011 NEW YORK, Nov. 8, 2011 /PRNewswire/ -- World growth will slow to about 3 percent per year on average, until at least the middle of the next decade, The Conference Board reports today. Global growth is projected to grow at 3.2 percent in 2012, accelerate to 3.5 percent from 2013-2016, and then show a further slowdown to 2.7 percent from 2017-2025, according to The Conference Board Global Economic Outlook. The report provides projections for output growth of the world economy for 2012, 2013-2016, and 2017-2025, including 12 major regions and about 50 advanced and emerging economies. At 3 percent, on average, global growth will still be somewhat higher than the period 1980-1995, but between half and a full percentage point below the growth rate from 1995-2008. A recovery in advanced economies will be more than offset by a gradual slowdow...

Mexican President Vicente Fox to Sign "Revolution of Hope" at Borders(R) 18th and L Streets Store Revolution of Hope: The Life, Faith, and Dreams of a Mexican President (Hardcover) by Vicente Fox (Author), Rob Allyn (Author) ANN ARBOR, Mich., Oct. 8 /PRNewswire/ -- Who: When Vicente Fox swept into office in 2000, he broke the dictatorial one-party rule that had strangled Mexico for over seventy years. A native son of Mexico, grandson of immigrants from the United States and Spain, Fox worked his way from ranch hand and truck driver to the youngest CEO in the history of Coca-Cola. His political rise from precinct worker to world leader was equally swift. As President, Vicente Fox steered Mexico's fragile young democracy through turbulent times, ushering in six years of economic stability and reform in health care, education and housing, with increased freedom of the press. His presidency also reduced poverty and tackled corruption. In his book, "Revolution of Hope,...