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As it turns out, General Motors may have nixed the sale of its Opel and Vauxhall brands in 2009 due to the fact that the proposed buyers added 31 amendments to the deal after it was signed. The news comes courtesy of reports that cite U.S. diplomatic cables obtained by Wikileaks. Some of those ...
Muammar Gaddafi has been running the show in Libya for the last 42 years. During that time, he's also been behind the investment maneuvers of the Libyan Arab Foreign Bank. In 1976, he reportedly instructed that $415 million be used to buy a stake in Fiat. Over time, that investment has turned ...
Peak oil, according to Wikipedia, is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline. Opinions vary on when the world will actually reach a peak oil scenario, but a new report detailed by Julian ...