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Crude oil rose after Saudi Arabia said OPEC will make a record production cut to reverse the five- month, $100 slump in prices.

The group will trim production by 2 million barrels a day at the beginning of next year, Saudi Arabian Oil Minister Ali al-Naimi said today. Russia and Azerbaijan said they may join OPEC to reduce supply as recession cuts global energy consumption next year. Commodities also gained as the dollar fell to a 13-year low against the yen.

“It certainly will help, and has helped, the crude price,” Kevin Norrish, a commodity analyst at Barclays Capital in London, said in a phone interview. “It is setting up the risk of over-tightening and quite a significant rebound in prices in the second half of next year.”

Crude oil for January delivery climbed as much as $1.90, or 4.4 percent, to $45.50 a barrel on the New York Mercantile Exchange, the first increase in four days. The contract traded at $45.17 at 10:56 a.m. London time.

Prices have tumbled 70 percent from a record $147.27 on July 11 as the global economy crisis tips oil consuming countries into recession. Global demand will fall for the first time since 1983 next year, the International Energy Agency said.

The Organization of Petroleum Exporting Countries’ rate of compliance with a previous output cut is more than 85 percent, al-Naimi told reporters today in Oran, Algeria, before a ministerial meeting that will decide production quotas.

Russia Collaborates

Russia, the largest non-OPEC producer cut oil production 350,000 barrels a day in November and may trim output further in collaboration with OPEC as market conditions require, Deputy Prime Minister Igor Sechin said at the meeting. Azerbaijan is willing to contribute a supply cut of as much as 300,000 barrels a day, Azeri Energy Minister Natig Aliyev said in Oran.

“OPEC appears to be caught in a ‘Catch-22’ situation,” Harry Tchilinguirian, a senior oil market analyst at BNP Paribas SA in London wrote in a report. “An attempt to aggressively boost prices, by pursuing a larger-than-expected cut, could backfire by turning sentiment even more pessimistic on the economy.”

U.S. crude-oil and fuel supplies have climbed as the recession crimps demand.

Crude inventories probably rose 600,000 barrels last week, according to the median of 11 responses in a Bloomberg News survey conducted before an Energy Department report today. The report will probably show that stockpiles of gasoline and distillate fuel, a category that includes heating oil and diesel, also increased.

Brent crude oil for February settlement rose as much as $2.25, or 4.8 percent, to $48.90 a barrel on London’s ICE Futures Europe exchange, and traded at $48.46 a barrel at 10:57 a.m. local time. The January contract expired yesterday, after declining 4 cents to $44.56 a barrel.

Siemionow and her colleagues at the Cleveland Clinic spent years preparing for the surgery, practicing on animals and doing trial runs on 20 cadavers, said Dr. James Bradley, a professor of plastic surgery at UCLA Medical Center who has seen several presentations by Siemionow at research meetings. About 50 candidate patients have been considered for the procedure.

"They've done their homework," Bradley said of the transplant team.

The idea of performing a face transplant dawned on Siemionow when she was training as a hand surgeon with Breidenbach in Louisville, Ky.

Many of the patients she treated had suffered extensive injuries from burns, and though hands could be repaired and arms and torsos covered by clothes, their faces remained permanently scarred and on display, she wrote in a memoir published last year titled "Transplanting a Face."

"Those who suffered extensive damage to their faces would forever be socially crippled in a society that appears to value beauty above all other human characteristics," she wrote.

The first facial transplant was performed in 2005 on Isabelle Dinoire, a 41-year-old mother of two in France, after the lower part of her face was mauled by her pet Labrador. Two other individuals have received face transplants since then -- a man in France who suffered from a genetic condition and a man in China who was mauled by a bear who had attacked his sheep.

The surgery in Cleveland probably lasted six to 10 hours as surgeons painstakingly grafted the blood vessels, muscles and skin from the donor onto the patient, Bradley said. It could take months before the nerves have healed enough to gauge the success of the procedure, he added.

After the swelling subsides, the patient won't look exactly like the donor. "You look more like a cousin" of the donor, Bradley said. "The bone structure is your own, but the skin is from another person."

Transplanting a face isn't any more of a technical feat than transplanting a hand, surgeons said. But a face transplant has a unique set of complications.

"You have to wait for a donor, and that's not easy," Breidenbach said. "A lot of donor families are in shock and grief because their loved one died and they have to donate a very visible part of the person."

Finding the right patient is even more difficult. Candidates for the surgery at Cleveland Clinic "undergo evaluation by the most rigorous clinical and psychological examinations devised," Siemionow wrote.

The patient's psychological state is especially important because recovery depends most of all on a willingness to adopt a healthy lifestyle that will minimize the risk of infection, Siemionow said.

All transplant patients commit themselves to a lifetime of drugs that suppress their immune systems so their bodies won't reject the donor tissue. Compared with internal organs such as a kidney or liver, the risk of rejection with a transplant involving skin is especially high, Bradley said.

The immunosuppressant drugs have severe side effects and could shorten a patient's life by as much as 10 years, doctors said.

The surgery is sure to be controversial, but Michael H. Shapiro, a law professor and bioethics expert at the USC Gould School of Law, said it was easily justifiable.

"This is not Botox," he said. "We are talking about people whose life prospects are impaired because the human race can't handle disfigurement. That's just a brute fact. We can try to overcome it, but in the meantime, what are these people supposed to do?"

As word spread over the last few years that the Cleveland Clinic intended to conduct a face transplant, Siemionow was touched by the outpouring of interest from patients willing to undertake such a drastic procedure.

Police found five sticks of dynamite in a landmark Paris department store Tuesday after an unknown group warned that bombs were hidden there and threatened more attacks unless France withdraws its military forces from Afghanistan.

The interior minister, Michèle Alliot-Marie, said that the dynamite was old and that there was no detonator to set it off, suggesting that the threat to holiday-season shoppers had been minimal. But the scare dramatized the risks inherent in President Nicolas Sarkozy's decision in April to increase the number of French troops in Afghanistan to about 3,000 and expand their role to include combat operations.

"In the present situation, I call on everybody to be very careful and very moderate," Sarkozy told reporters in Strasbourg, France, where he was addressing the European Parliament. "Vigilance in the face of terrorism is the only possible line, because unfortunately anything can happen, and firmness, because we do not compromise with terrorists, we combat them."

Belgian police cited the presence of French and other European troops alongside those of the United States in Afghanistan as a possible motive for six North African immigrants arrested Thursday in Brussels and charged with belonging to a terrorist group. Belgian authorities said three of the six had been to Afghanistan and one had returned recently intending to carry out a suicide attack in concert with the al-Qaeda terrorist network.

A Frenchman of Tunisian origin, taken into custody in the French Alpine town of Grenoble as part of the same investigation, was charged Monday with illegal association "related to a terrorist enterprise," French authorities announced. He was suspected of helping run a now-closed Web site, Minbar, which Belgian authorities described as a propaganda vehicle for Islamist extremism.

One of the six arrested in Brussels, Malika al-Aroud, was a frequent contributor to the site; her husband was also among those arrested. Aroud's previous husband, a Belgian of Tunisian origin named Abdessater Dahmane, killed himself in a 2001 suicide bombing in northern Afghanistan that targeted and killed the main anti-Taliban military chieftain at the time, Ahmed Shah Massoud. The suicide bombing took place two days before the Sept. 11 attacks in New York and at the Pentagon

The French news organization Agence France-Presse said it received a letter at its Paris headquarters Tuesday morning warning that several "bombs" had been placed in the men's section of Printemps, one of two giant department stores near the Gare St. Lazare train station in central Paris. The letter, posted in Paris on Monday, seemed designed to help police find the explosives, specifying that a bomb was in the third-floor restroom "in the first toilet as you enter." But it warned that next time, there would be no such notice.

"Get this message to your president of the republic so he withdraws these troops from [Afghanistan] before the end of February 2009," added the letter, signed by the Afghan Revolutionary Front. "Otherwise we will be in action again in your capitalist department stores, and this time without warning you."

The letter, written in French with a number of grammatical errors, went on to say two more "bombs" had been place in the women's toilets on the second floor. Alliot-Marie said police found five sticks of dynamite in all, without specifying where they were discovered.

Soon after hearing of the letter, police cordoned off the area and evacuated the store, which normally would have been crowded with shoppers and tourists buying holiday presents and enjoying decorated show windows that are an annual attraction. Several hours later, police took down their barriers and the store reopened for business under increased security.

The Paris newspaper Le Monde recalled that a caller to the news agency had made similar threats last Wednesday, leading police to evacuate the store for several hours. In addition, it said, a Taliban military commander warned in a video distributed last month that France faced retribution if it did not pull the troops out of Afghanistan.

Indian Institute of Foreign Trade (IIFT) was set up in 1963 by the Government of India as an autonomous organization to help professionalize the country’s foreign trade management and increase exports by developing human resources; generating, analyzing and disseminating data; and conducting research. Today it is one of India’s most prestigious business schools.

As you’ve no doubt noticed, the deadline for the Windows XP downgrade option keeps getting pushed back and back, and it looks like it’s now also getting more and more expensive, as Dell has now tripled the cost of the option on its consumer laptops and desktops to $150.

As TG Daily notes, this latest move follows a similar increase to $99 on Dell’s more business-minded Vostro laptops and desktops which, for the time being at least, seem to be remaining as is.

Of course, you can always put that $150 towards a Windows XP-equipped netbook instead, which seems to be fast becoming the primary home for the venerable OS.

Hi Friends hope you all have a great day ahead!!!!

India a place for Bussiness, Trade, Education, Culture, Tourism....
now became the battle ground for terrorists.

Economic times of india indicated tat because of terrorists attack we lost 4000 crores in 3 days including share markets, England- India one day international cancellation, corporate sector, tourism etc....

If this continued, our x-president Dr. Abdulkalam dream of 2020 will be vanished and 20-20 world champions India will be no more hoisting any cricket matches.

A popular magazines of u.s predicted that india and china will be the powerful nations around 20-20. now the attacks made a ? on it.

we should not let our country to fall.

Join hands to remake our nation.

In a new interview with Oprah Winfrey Wednesday, Jennifer Aniston continues to open up about her love life – past and present.

When asked about her candid interview with Vogue, and it's cover line calling Angelina Jolie's past behavior "really uncool," Aniston says she was merely responding to the reporter's question. "I basically just answered it as honestly as I could," Aniston says on The Oprah Winfrey Show, airing Thursday.

The actress has kinder words for ex-husband Brad Pitt, saying, "He's done some amazing things in the last couple of years. So I just think he's doing great."

And she doesn't seem to have any feelings of competition with her ex, whose movie, The Curious Case of Benjamin Button, is opening the same day her upcoming film, Marley and Me.

"We all want our movie to do well ... Can we have a tie?" she quips.

As for her romantic life, she echoes her comments to Vogue. "I've been unbelievably lucky in love," she tells Winfrey. "It just might not look the way it’s supposed to look at this point."

Aniston also opens up about John Mayer – and addresses those pregnancy rumors – on Thursday's show.