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Burberry Mideast sales bounce back — but don't look for big discounts

LONDON: British luxury brand Burberry said its Middle East sales started to recover as it reinstated its dividend payment.
But shoppers looking for bargains may be disappointed as the company said it planned to move away from markdowns across its mainline stores.
The luxury brand known for its distinctive check fabric reported a 10 percent decline in sales for the year to March 27. Still, its fourth quarter comparable store sales increased by almost a third from a year earlier, despite an average of 16 percent of stores being closed.
Growth was driven by mainland China, Korea and the US as the Middle East also rebounded, it said in a statement on Thursday. ....

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Oil prices seen to average $60 as inventories keep rising above 5-year high mark

Oil prices seen to average $60 as inventories keep rising above 5-year high mark
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Filed on April 5, 2021
Oil prices have been under pressure even as the American Petroleum Institute (API) reported a build in crude oil inventories of 3.910 million barrels for the week ending March 26. Reuters file
Analysts at the Institute of International Finance said global oil inventories would edge up in the second half of 2021 supported by the rise in US and Opec+ production as Saudi Arabia’s voluntary cut may not be renewed
Oil prices are forecast to average $60 per barrel in 2021 with Iran’s potential return to the oil market remaining a key factor in 2022 even as inventories keep rising above a five-year average, market experts said. ....

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MSNBCW The Rachel Maddow Show May 24, 2013

0 thank you. that is all in for this evening. the rachel maddow show starts now. in 1996, a man who had no authority to do it decided he would issue a holy order. that man s name was osama bin laden. he issued this self-styled fatwa which he called a declaration of war against the americans occupying the land of the two holy places. the land of the two holy places is saudi arabia. the two holy places being mecca and medina. osama bin laden was, of course, a saudi citizen, and his whole first declaration of war on the united states hinged on the fact that the united states had military bases in the land of the two holy places, in saudi arabia. so that was 1996. then two years later, the second bin laden and al qaeda fatwa, the first one i against had been a little rambling. this one spelled it out much more directly. it said everybody should try to kill americans, american military personnel and civilians and the justification for doing that started in the same place as the ....

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