Word: bankrupter
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...also run into the difficulties foreign companies typically face in Russia. The company's first foray into the Russian market, in 1997, ended badly after Sidanco, a firm in which it took a 10% stake, went bankrupt. At the time, oil was near $10 per bbl., the Russian economy was sliding into crisis, and BP found its stake wasn't big enough to influence Sidanco's management. BP also ended up at loggerheads with other Russian shareholders at Sidanco, members of the private Alfa investment group headed by billionaire Mikhail Fridman. But Sidanco got back on its feet, and despite...
...also run into the difficulties foreign companies typically face in Russia, from a volatile economy to unreliable partners. The company's first foray into the Russian market, in 1997, ended badly after a firm in which it took a 10% stake went bankrupt. At the time, oil was near $10 per bbl., the Russian economy was sliding into crisis, and BP found its stake wasn't big enough to influence management of the company, called Sidanco. BP also ended up at loggerheads with other Russian shareholders at Sidanco, members of the private Alfa investment group headed by billionaire Mikhail Fridman...
...treacherous period, Palestinians will be in a state of anxiety as they mourn the loss of the father figure who symbolized their national aspirations. After years of fruitless struggle, Palestinians remain united only in grief and fear of chaos. Their economy has been shattered, their government is bankrupt, and militants continue to gain strength. Most Palestinians yearn for peace but doubt that whoever leads them next will achieve it. "I am not hopeful," says Fawzi, 35, a Ramallah phone-company worker. "The Palestinian-Israeli problem has reached the point of no solution...
...canonized Galaxie 500 didn’t receive much press during their rather brief existence, perhaps because the label that released their three excellent LPs between 1988 and 1990, U.K. press Rough Trade, went bankrupt at almost the same time Wareham announced that he was quitting the group. This left all of Galaxie 500’s music, albums as well as performances, virtually impossible to find...
...live "a life of the mind." Instead, she encounters charming, predatory frat boys like the handsome Hoyt Thorpe; jock demigods like basketball star Jojo Johanssen; and icy prep-school snobs like her roommate, the bitchy Groton grad Beverly. Instead of an ivory tower, she finds a status-obsessed, intellectually bankrupt sexual romper room. Will she hold to her ideals or be dragged down into the beer-soaked...