Word: azerbaijan
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...sector will remain. Which means it's only a matter of time until someone else gets his chance to be saved. OIL A Pipe Dream Comes True Sometimes a pipe is just a pipe. A few years ago, the planned Baku-Tbilisi-Ceyhan pipeline from the Caspian Sea through Azerbaijan, Georgia, Turkey and into the Mediterranean was touted by the U.S. as a way to get the Caspian's rich oil reserves without going through Russia. But there was a hitch: oil companies weren't terribly interested. With prices and demand still growing and U.S.-Russia relations improved, Cambridge Energy...
...rise in crude prices. The Saudis' vast reserves give them the power to manage the worldwide price of oil, making them critical to the smooth running of the global economy. But with promising new oil sources opening up in Russia and Central Asian states like Kazakh- stan and Azerbaijan, the U.S. has alternatives it didn't have in 1973. Oil-industry analysts believe that cutting the flow of Saudi oil to the U.S. would be painful--but far from fatal--to the U.S. economy...
...rise in crude prices. The Saudis' vast reserves give them the power to manage the worldwide price of oil, making them critical to the smooth running of the global economy. But with promising new oil sources opening up in Russia and Central Asian states like Kazakhstan and Azerbaijan, the U.S. has alternatives it didn't have in 1973. Oil-industry analysts believe that cutting the flow of Saudi oil to the U.S. would be painful-but far from fatal-to the U.S. economy...
Currently, debate is swirling around the papal travel schedule. John Paul, whose inveterate globe-trotting is a symbol of his papacy, looked exhausted and let others finish sermons throughout his trip to Azerbaijan and Bulgaria. But even small concessions to his illness can be painfully frustrating for him. When an aide retrieved a handkerchief that fell from his shaky grasp in Bulgaria, at least one reporter saw the Pope grab it back and "pound it hard against his thigh." And so he seems determined to go ahead with a pilgrimage to Canada, Mexico and Guatemala planned for July...
With each of the Pope's excruciating appearances--from the shuffling steps and slurred sermons of last month's trip to Azerbaijan and Bulgaria to his abbreviated meeting at the Vatican last week with President George Bush--speculation has grown that John Paul II may be too enfeebled to continue leading the world's 1 billion Roman Catholics...