Word: blockings
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...introduced other limitations on the private sector, particularly foreign companies. Under the terms of the Conoco deal, for example, the American company can raise its stake in Lukoil--but only to a ceiling of 20%. That's less than the 25% it needs to be able to block strategic company decisions. BP, by contrast, whose contract was signed eight months before Khodorkovsky's arrest, has a 50% share in its Russian joint venture. (The company's Russian minority shareholders are howling because BP uses a complicated transfer-pricing method that allows the parent company, instead of subsidiaries, to book...
...power, including reformers who want a more open, honest government and militants who earned their spurs fighting Israel. Though locked up in an Israeli prison, Marwan Barghouti, 44, leader of Fatah in the West Bank, is the most popular figure there after Arafat. His word from the cell block could help or hurt new leaders. Another rising star, Mohammed Dahlan, 43, former head of preventive security in Gaza, has street cred, the loyalty of members of the Palestinian Authority's influential security services and close relations with...
...fish, conveyor belts and robots serving drinks hardly seem the makings of a hit restaurant, but maybe that's why it worked out so spectacularly in 1997 when Woodroffe invested $275,000--his life savings--to open YO! Sushi in London. "We had a line down the block," says Woodroffe, 52. Today there are 21 YO! Sushi restaurants in Britain, Greece and Dubai. Woodroffe's newest project is a hotel: combine a Japanese capsule hotel (tiny rooms, windows onto a corridor) with the plush service of a first-class airplane seat, and you've got YOTEL, a five-star...
...delaying tactic designed to protect drug companies' profits. The federal Task Force on Drug Importation must submit its report on safety by Dec. 8. When it does, Thompson could authorize reimportation, a move that would appease those who clamored for it during the campaign. Drugmakers, meanwhile, trying to block an end run around their U.S. business, have warned that a flood of Canadian drugs would stifle innovation by bringing in Canadian-style price controls. Experts say the U.S. can't import its way out of high drug prices, and they complain that the noise over reimportation is obscuring larger health...
Bush's New Lawman What to expect from Alberto Gonzales--and why the Dems won't block...