Word: consortium
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Dates: during 1960-1969
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...million contract for construction of the dam has been awarded to an international consortium led by the Oppenheimer's huge Anglo American Corp. of South Africa. The group also includes Siemens and Telefunken of West Germany, Compagnie de Constructions Internationales of France, plus Swedish and South African firms.* Financing will be entirely through foreign credits and loans arranged by the consortium. Part of the money will be spent on a new seaport at Cuama, on the Indian Ocean at the mouth of the Zambezi, which will be capable of handling 40,000-ton freighters. More millions will go toward...
Most of his decisions these days are somewhat less fateful. Harlech is now deciding, for example, just what sort of programming to give the 3.6 million television viewers in Wales and the west of England who are awaiting their first look at what the Harlech Television consortium has in store for them. Recruited a year ago by friends to join the venture and lend it his name, Harlech has invested $120,000 of his money and 80% of his working time into organizing the venture. When normal operations begin, he will commute between company headquarters in London and the twin...
...versatile talents who is making his mark on British life and business. Harlech is already Britain's national film censor and rates as a potentially influential Tory politician. Recently, he took on a multimillion-dollar private venture as the chief executive of a new commercial-television consortium, which begins programming next week with a Special by two of its other stockholders, Richard Burton and Elizabeth Taylor...
...says, "that one day icebreakers will no longer be used. Cargo ships themselves will do the ice-breaking." In a prelude to such an era, two Alexbow-equipped barges will be driven by a 5,000-h.p. trawler through 200 miles of Arctic ice this summer to supply a consortium drilling for oil on Canada's northernmost islands...
...twofold. For one thing, Washington refuses to support his claim that the entire Persian Gulf-including the oil-rich island of Bahrain, an independent sheikdom that is one of the U.S.'s few remaining friends in the Arab world-belongs to Iran. For another, the British-American Consortium that operates Iran's own enormous oilfields refuses to bow to his demands to double production (now a record 130 million tons a year) in the next five years to finance his national-development program. The Shah is not at all impressed by consortium claims that the world...