Word: corinthia
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...terrorist organizations, and then through subsequent U.S. sanctions. But on Saturday, Feb. 20, 25 American executives arrived in Libya to see if they can do business. U.S. Commerce Department officials set up two large cardboard signs decorated with the American flag in the lobby of Tripoli's swank Corinthia Hotel. Little U.S. and Libyan flags intertwined in a display on a welcome desk, alongside brochures explaining to Libyans what each of the American companies produces. (See the top 10 magazine covers...
...auditorium of Tripoli's Corinthia Hotel, a number of Libyan officials sit onstage in dark suits and ties, addressing scores of Western executives in flawless English about the country's new business opportunities. A few feet away is a huge portrait of the most famous face in Libya, Muammar Gaddafi, in his trademark African robe and sunglasses, fist in the air, a defiant look on his face, as if to say to the roomful of businessmen: I still run things around here. But the businessmen don't seem to notice. Instead they are transfixed by a tall young man with...
...looks out on Tripoli, it is hard to grasp the potential. The city's crumbling old Italian colonial buildings are set amid billboards hailing Libya's socialist revolution. But Libya's fans insist the possibilities are real. In the Corinthia - Libya's only luxury hotel, boasting $300-a-night rooms - Western executives crowd the lobby. American executives will need to catch up with European oil businesses, which remained in Libya through decades of U.S. sanctions. Italy's Eni, Spain's Repsol-YPF and France's Total have run Libyan subsidiaries with no American competition. Virtually all of Libya...
...auditorium of Tripoli's Corinthia Hotel, a number of Libyan officials sit onstage in dark suits and ties, addressing scores of Western executives in flawless English about the country's new business opportunities. A few feet away is a huge portrait of the most famous face in Libya, Muammar Gaddafi, in his trademark African robe and sunglasses, fist in the air, a defiant look on his face, as if to say to the roomful of businessmen, I still run things around here. But the businessmen don't seem to notice. Instead they are transfixed by a tall young man with...
...hard to grasp the potential. The city's crumbling old Italian colonial buildings are set amid billboards hailing Libya's socialist revolution and trumpeting the power of the "people's committees," Gaddafi's version of local democracy. But Libya's fans insist the possibilities are real. In the Corinthia--Libya's only luxury hotel, boasting $300-a-night rooms--Western executives crowd the lobby, rubbing shoulders with politicians and diplomats. The U.S. liaison office, the prelude to a real embassy, now operates out of bedrooms on an upper floor of the Corinthia. Two sparsely furnished suites serve as the temporary...