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A petrodollar is a dollar earned by a country through the sale of oil. In 1972-74 the US government concluded a series of agreements with Saudi Arabia to support the power of the House of Saud in exchange for accepting only US dollars for its oil.

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New Orleans Times Picyune

US Housing Secretary Alphonso Jackson shed little light on the future of public housing in New Orleans, but said “only the best residents” of the former St. Thomas housing complex should be allowed into the new mixed-income development that replaced

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