example of an effective cartel?? What happens to world oil prices when OPEC practices cooperation?? Organization of Petrol Exporting Countries(OPEC) • Inter-governmental organization formed in 1960 by Iraq‚ Iran‚ Kuwait‚ Saudi Arabia and Venezuela • Currently has 12 members including Qatar Socialist People’s Libyan Arab Jamahiriya ‚the United Arab Emirates ‚ Algeria ‚ Nigeria ‚ and Angola . Objectives of OPEC To formulate policies in the interest of the member countries. To regulate
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It May Just Be the End of History The end of history has not arrived‚ but it is a matter of time before it arrives. Fukuyama argues that the end of history will arrive when liberal democracy becomes the only form of government in all the countries. It will also be the last government to exist. Fukuyama emphasizes that once the earth is in a homogenous state‚ history will end. Fukuyama is correct in stating that the end of political evolution will end with the spread of liberal democracy‚ but with
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OAO BelAZ has shipped a batch of 5 mine dump trucks with the carrying capacity of 90 tonnes to Venezuela. … You can get bauxite mining equipment: http://www.millmaker.com/ap/bauxite-processing-plant.html BelAZ supplies dump trucks for bauxite mining in … The Belarusian automobile manufacturer OAO BelAZ has shipped a batch of five mine dump trucks with the carrying capacity of 90 tonnes to Venezuela‚ representatives of ... CBG Bauxite (Aluminium Ore) Mining Operations - … The largest single
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The Organization of the Petroleum Exporting Countries (OPEC) is a permanent‚ intergovernmental organization‚ created in 1960 by Iran‚ Iraq‚ Kuwait‚ Saudi Arabia and Venezuela. The five Founding Members were later joined by nine other Members: Qatar (1961); Indonesia (1962) which suspended its membership from January 2009; Libya (1962); United Arab Emirates (1967); Algeria (1969); Nigeria (1971); Ecuador (1973) suspended its membership from December 1992- October 2007; Angola (2007) and Gabon (1975-1994)
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The native Amerindian population of Cuba began to decline after the European discovery of the island by Christopher COLUMBUS in 1492 and following its development as a Spanish colony during the next several centuries. Large numbers of African slaves were imported to work the coffee and sugar plantations‚ and Havana became the launching point for the annual treasure fleets bound for Spain from Mexico and Peru. Spanish rule eventually provoked an independence movement and occasional rebellions that
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Embargo The Organization of Petroleum Exporting Countries (OPEC) was created in 1960 with the idea of unifying and protecting the interests of petroleum-producing countries. The members of this organization include: Iran‚ Iraq‚ Kuwait‚ Saudi Arabia‚ Venezuela‚ Qatar‚ Indonesia‚ Libya‚ The United Arab Emirates‚ Algeria‚ and Nigeria. Their goal was to slowly take over the function of the companies‚ at least in production‚ and then increase the amount of revenues they could retain. Despite that‚ their impact
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several ranges‚ often two great ranges‚ named Cordillera Oriental and the Cordillera Occidental‚ often separated by an intermediatedepression. The Andes mountains extend over seven countries:Argentina‚ Bolivia‚ Chile‚ Colombia‚ Ecuador‚ Peru‚ and Venezuela‚ some of which are known as Andean States. The Andes mountain range is the highest mountain range outsideAsia. The highest peak‚ Aconcagua‚ rises to 6‚962 m (22‚841 ft)above sea level. The summit of Mount Chimborazo in the Ecuadorean Andes is the
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called Bacatá. The new city became the vice-regal capital of New Granada in 1717. It was captured by Simón Bolívar in 1819 and was the capital of the independent nation of Great Colombia (which included modern day Colombia‚ Ecuador‚ Panama‚ and Venezuela). It became the capital of New Granada (later renamed Colombia) in 1830 when Great Colombia was dissolved. The city grew slowly because Bogotanos (cachacos) wished to preserve their old culture. They cherished their churches‚ convents‚ homes (built
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United States of America is a great country‚ just like Venezuela or North Korea. Having a corrupt government does not make a nation ‘bad.’ Having a corrupt government is like a car driving off a cliff‚ the car will explode into the abyss‚ and there is nothing you can do about it. Greatly‚ United States is still not floating in midair‚ right now it is on the point of the cliff. That’s why many do not consider it ‘that’ corrupt compared to other countries. Something those people are not considering
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Description: The rainbow parrotfish is the largest fish in the Atlantic to eat plants. Males can grow to lengths of 1.2 meters‚ or almost 4 feet long. There are two forms of males. “Initial phase” is the phase when males are drab in color and have a similar appearance to females. In the “terminal phase”‚ males are neon and rainbow colored; this is where their name comes from. The fins are orange with streaks of green branching towards the back and tail. They have teeth that are merged to form a tough
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