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Business News Archive - March 16, 2008

By Gvirtzman, Zohar Zilberman, Ezra; Folkman, Yehoshua Abstract: Re-examination of the stratigraphic record in the continental margin of Israel indicates that the Levant passive margin was reactivated in the late Tertiary.

By Elliott Epstein Producers call it "black gold," consumers a "black hole."The soaring price of petroleum - now over $100 for a barrel of oil and headed towards $4 for a gallon of gasoline - has helped drag the U.S. and Maine's economy into a recession.

Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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