Word: canals
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Dates: during 2000-2009
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West African oil is low in sulphur, which makes it easy to refine. Because most of it lies offshore, foreign oil companies don't have to deal much with locals beyond a few government officials and hired labor. Transport is easy too, with no pesky Persian Gulf or Suez Canal to navigate. Recent fighting in Ivory Coast is a symbol of West Africa's volatility, "but it is not as dangerous as the Middle East," says George Ayittey, of the African Oil Policy Initiative Group, a lobbying group based in Washington. The National Intelligence Council, a Washington think tank, expects...
...Down Canal (Street...
...Even as the dapper Swedish diplomat was beginning his meetings with Iraqi officials at the Foreign Ministry on Wednesday morning, the vacuum cleaners were blasting into action on the third floor of the former Canal Hotel, now the UN headquarters in Iraq. So thick was the layer of dust, one inspections official told me, that the rodents who had taken up temporary residence in the offices left tracks. "It is quite eerie to walk through there," says the official. "It is like a time capsule. You can tell that the inspectors left in a hurry. There's a tool...
...most of it lies offshore, foreign oil companies don't have to deal with locals beyond a few government officials and hired labor. Transport is easy too: the oil fields sit a direct tanker trip across the Atlantic from Europe or America's east coast, with no pesky Suez Canal or Gulf to navigate. The Bali blast is a reminder that no place is safe from terror, and recent fighting in Ivory Coast is a symbol of West Africa's volatility, but oilmen remain bullish in part because oil production is offshore and thus rarely disturbed by onshore unrest. "West...
...Court of Justice. In various stages of construction are vacation villas, apartment towers, shopping districts and a theme park. But the project, which Yang has reportedly invested about $220 million in, appears to have run out of steam. A wide avenue is lined with half-finished copies of Amsterdam canal houses, hollow shells already showing signs of wear. A few workers trundle down the street pulling wheelbarrows, but otherwise the place is deserted. Red-brick housing blocks hold 1,400 apartments?all vacant. Liu Ping of the Netherlands Business Support Office in Shenyang says: "A lot of people wonder whether...