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Ports deal seems "complete sale" - senior official

WASHINGTON, Mar 9 (Reuters) A Dubai company's decision to transfer to a US entity operation of US ports it has acquired apparently will be a ''complete sale,'' a senior Bush administration official said today.

''I'm told it will be a complete sale and if that's the case, I can't imagine it not answering the problem,'' the official said, speaking on condition of anonymity.

A statement from state-owned Dubai Ports World said the company had decided to ''transfer fully'' the US operation of P&O ports in North America, which it had just acquired, to ''a United States entity.

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UN emergency fund opens with half needed pledges

UNITED NATIONS, Mar 10 (Reuters) The United Nations' new global emergency fund began work with slightly more than half the 500 million dollars its director had hoped for. The first grants from the Central Emergency Fund went to drought-stricken northeastern Africa and western Ivory Coast, where angry mobs recently burned down UN aid offices. The dollar amounts of the grants were not given. The fund opened for business with pledges totaling just 256 million dollars.....

Nigerian lawmakers recommend 3rd term for president

PORT HARCOURT, Nigeria, Mar 10 (Reuters) A Nigerian committee of lawmakers will recommend a constitutional change that would allow Olusegun Obasanjo to stand for a third term as president of Africa's top oil producer, the committee chairman said. Under the constitution as it stands, Obasanjo has to step down next year after two terms of four years. This would mark the first time one civilian president hands over to another in Nigeria's 47 years of.....

CO2 capture paves way for gas power in Norway

OSLO, Mar 10 (Reuters) Advances in technology enabling carbon dioxide to be buried below the seabed have paved the way for Norway, Western Europe's biggest gas exporter, to crack domestic resistance to burning gas to produce electricity. Though natural gas is seen in many nations as a clean alternative to coal and oil, it has been shunned in Norway where almost all power is produced at non-polluting hydroelectric stations, the basis of over a century.....
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