Word: canals
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...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...
...repeat. Yet he must also be genuinely perplexed by his options. "My sense is that they would like to push forward with a European strategy, significantly reducing U.S. assets," says J.P. Morgan analyst Mark Harrington. It looks probable: Vivendi marked Houghton Mifflin publishers and the international arm of Canal Plus for disposal, while mulling the sale of Universal Entertainment. This would change Vivendi from an international power to a mid-sized European firm with more than half its revenues coming solely from France. But there are obstacles. Potential buyers like AOL Time Warner have their own money problems. And selling...
...reader can never become exasperated with a writer who refers to sex as "a pelvis-to-pelvic impaction" or "root and canal work"; who acts as his own randy Roget, gleefully riffing on synonyms for roundness of breast ("rotundity, globularity, orbicularity and globosity") or anthropomorphizing his favorite female body part as "pouting, bulging, arching, ballooning, gravity-defying, ... surging, quivering, heaving, swaying, intoxicating, tantalizing, bouncing, suffocating, yes, even overwhelming...
...Bangkok, hardly looks like a 21st-century getaway. The country's oldest resort rose to fame in the 1920s, a decade after British engineers punched a railway through deep jungle, eliminating the long elephant rides from Bangkok suffered by the royal family on their beach outings. (Commoners went by canal and oxcart.) For the ensuing half-century, Hua Hin was the place to sun and be seen by upscale Asians and resident expats. But the onset of group travel sent beachgoers to a succession of swank, new beach resorts, leaving Thais largely alone for the past few decades in their...