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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF) -- Ignore unavailable to you. Want to Upgrade?

To: Jordan Electron who wrote (7776)	2/15/1998 11:26:00 PM
From: Douglas V. Fant	Read Replies (2) \| Respond to of 9164

Jordan, S. Hussein is a major headache for the whole region as his recalcitrance is helping keep the whole region unstable- this is while most of the rest of earth is enjoying increased economic prosperity. (If you are an American, then you can see this in immigration patterns- educated Arabs are desperate to emigrate to the US and South America...). I am looking at a World Bank report on Africa proper. Interestingly of the non-Arabic African countries, an amazing 33 of those 40 countries had economic growth rates exceeding their birth rates in 1997,and are projected to do the same in 1998. Compare this with Libya which has a 3.0% population growth rate, and a -0.9% economic decline rate. Hopefully this also helps clarify another reason why the Africans in the southern Sudan are fighting to free themselves of the Islamic-Arabic Regime- Africa Proper is moving forward economically much more rapidly than the moribund Arabic/Berber/Mahgreb Societies of North Africa...These countries are not what one would call ideal social/economic models of progressive development..... In any case the oil developed in the Sudan will find a market.....But the more powerful market is likely to the South.... Sincerely, Doug F. PS Archaelogically, I understand that the Italian Government will comence digging around the Main Library in Herculaneum this summer- the seaport attached to Pompei and buried in mud in 69AD. Might be some fascinating Roman manuscripts discovered intact there....