War-Torn Liberia Signs Timber Deal with E.U

New York Times: Liberia, home to 45 percent of the rain forests in West Africa, signs a deal with the European Union to prevent illegal timber exports and develop a sustainable forestry industry. Illegal logging flourished during the country`s long civil war but led to crippling sanctions against the timber industry. [BBC] A vote to end oil industry subsidies could come as soon as next week, the Senate majority leader, Harry Reid, says. The legislation would save the federal government $21 billion over a decade......

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