Ali Rodriguez, the oil cartel's secretary-general, said on Monday there was "almost a conviction" among its members to cut production ahead of a forecast drop in demand in the second quarter of the year.
The expectation is that a further wage cut lies ahead - of up to 30%.
Reagan was an intellectual supporter of the gold standard and was enthusiastic enough to cut a television ad ahead of the 1980 New Hampshire primary endorsing it.
In the second scheme, a former compliance lawyer for Morgan Stanley and her husband, a private practice lawyer, tipped a trader about upcoming mergers and acquisitions being handled by the bank in exchange for a cut of the profits from trading ahead of the event.
Each had its own way of moving through the land and each had its own odor of passage: the railway tracks cut straight ahead, asking no questions of the bedrock through which it sliced, the wrought-iron rails smelling of axle grease and the wooden slats of rancid, licorice-scented shellac.
No riots ensued, and the president boasts he "just cut the line" ahead of his domestic critics with electronic and broadcast links to his people.
Though they may have pioneered pushing e-mail onto mobile devices, the field is getting more crowded and industry analysts say RIM has its work cut out to stay ahead of the competition.
But Malaysia cut off gasoline exports ahead of the bilateral meeting between Malaysian Prime Minister Najib Razak and U.S. President Barack Obama during the Nuclear Summit in Washington early in the week of April 11.
Politically, it is another sign - following the revelation last year that the government is way off course to meet its borrowing targets - that George Osborne is currently failing in his own terms - ie: in his efforts to cut the debt and the deficit ahead of all other economic goals.
Also this week, investors were made a ware of a surprise decline in Indian industrial production which has many believing the Reserve Bank of India will cut at least one of its interest rates in the months ahead.
That implies the government is slightly ahead of its plan to cut the structural deficit.
Is the President going to ask Democrats to bring a vote to the floor on Wednesday to cut taxes only for the middle class, ahead of November elections?
This was a clever move ahead of Thursday's interest rate cut which meant savers getting even less return on their money.
The logic behind this is derived from a theory called Ricardian equivalence, which holds that government spending cannot boost demand, since consumers cut their own expenditure in anticipation of higher taxes ahead.
The State Industrial Holdings Company (SEPI), which is responsible for privatisations, cut the price of the shares by 40% ahead of the flotation in an attempt to attract investors made nervous by the global stock market slowdown.
In part because of the potential for some financial market disappointment (particularly amid signs that neither Italy nor even Spain may be ready to request the activation of such measures in the weeks immediately ahead), the Governing Council will likely consider a rate cut as well, in the context of the publication of the staff quarterly macro projection.
If the planned jobs cuts of 190 go ahead, this will cut the staff force to about 4, 300.
BBC: Somerset County Council: Union fear over job cuts plans
"Showing up four months, five months ahead of time isn't going to cut it, " he told reporters.
Look for these questions to be repeated, more insistently, in the days ahead as lawyers who many believe have been cut out of the BP spill mount their counterattack.
Those safety nets are eroding in the United States as well as in Europe as governments cut back on spending, but they are still light years ahead of Brazil.
If Alex Salmond really is planning to mobilise the Scottish diaspora ahead of a referendum, he may have his work cut out inspiring the troops.
Although the Europeans seemed prepared to wait, we reluctantly returned to our car after an hour, and cut back through the peninsula, with a herd of guanacos scampering ahead of us on the road.
Nick Clegg is likely to accuse the other parties of getting into an argument about when to cut spending, rather than what to cut - and will suggest they should be more honest with voters ahead of the election on where the axe would fall afterwards, if the deficit is to be brought down.
Meanwhile, Circuit City, a big electronics retailer, said it would cut about 17% of its workforce and close 155 of its stores ahead of the Christmas season.
As well as Mr Balls' proposed VAT cut, "in an attempt to put pressure on the chancellor ahead of next month's Budget, he also sets out an alternative menu of options which he thinks might appeal to some Conservative and Lib Dem backbenchers", says BBC political correspondent Iain Watson.
Following two days of sell-offs in stock markets across the globe--and a week ahead of its Federal Open Market Committee meeting (when the rate cut was expected)-- the Fed slashed short-term interest rates by three-quarters of a percentage point, its single most dramatic rate reduction since 1984.
Taken together it seems there will soon be a green light for a further rate cut, especially if there are further signs of UK output slowing in the months ahead.
The Egyptian government appears to have cut off web and mobile phone access to much, if not most of its citizens ahead of a weekend of mass demonstrations against Hosni Mubarak.
FORBES: Egypt Goes Dark, Cuts Off Internet And Mobile Networks
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