The Bush Administration needs to monitor a new geopolitical shiftthat is taking place following the visit of de-facto ruler of Saudi Arabia, Crown Prince Abullah to Russia on September 1-2. Moscow andRiyadh, old rivals, now claim to have found a common agenda, whichspans oil, terrorism, and arms sales.
By Hiran H.Senewiratne The CSE weakened further yesterday with indices declining amid lower turnover as investor sentiment turned bearish due to budgetary worries and month- end profit- takings. But stock market analysts worried over the possibility of world oil prices going up in future because the Organization of Petroleum Exporter Countries (OPEC) had decided to […]