Word: derlying
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When Jeroen van der Veer was thrown into the top job at Royal Dutch Shell, in the midst of a major crisis following disclosures that the company had overstated oil reserves by more than 20%, he scribbled down three key issues to address with his colleagues: "Reserves, keep eye on the business, and culture/structure." But in the eight months since, Van der Veer, 57, has done a lot more than those jotted notes suggest. He has radically overhauled Shell's management and governance structure. After months of discussions with regulators and institutional investors, Shell announced in November the full merger...
...we’ve heard how California’s der gropen fuehrer has turned his considerable charms on sleepy, star-struck Sacramento—that under a canvas tent outside the state capitol, surrounded by sculptures and pictures of himself, the self-described “biggest star in the world” shares Cuban cigars with assemblymen from places like Oxnard and Fullerton. Occasionally, he even offers them rides back to their districts on his Gulfstream jet, and lets them bask in the light of his Hollywood-produced 67 percent approval rating in front of a hometown crowd...
...fatherland is only slightly less offensive than asking them to die for it. But the fertility crisis has reached such a dire pass that politicians are beginning to speak out. In a letter to their E.U. colleagues last month, French President Jacques Chirac, German Chancellor Gerhard Schröder and Prime Ministers José Luis Rodríguez Zapatero of Spain and Göran Persson of Sweden urged the Union to "take new action to sustain Europe's demography and better reconcile professional, personal and family life with the aim of permitting couples to have as many babies...
...time of that monumental mistake on Nov. 2. Following the election, German newspaper, Die Zeit—no, Republican readers, it’s not some red rag—ran headlines like, “Warum Wieder Er?” (Why Him Again?) and “Der ungeliebte Sieger” (The Unloved Victor) in the days after the election. One particular article which caught my eye, boasted, “Europeans are bitterly disappointed” about the election result. These didn’t run atop or inside some cynical editorial pieces; they graced...
...most ardent postelection declarations of European independence. "Now more than ever, [Europe] has the need, the necessity, to strengthen its dynamism and unity when faced with this great world power," he said on Nov. 5. Spanish Prime Minister José Luis Rodríguez Zapatero told Der Spiegel that Europeans should "have faith in the prospect of becoming the most important global power in 20 years." Of Europe's three most prominent antiwar leaders, only German Chancellor Gerhard Schröder urged cooperation. His congratulatory telegram to Bush pointed out that "our security and stability are threatened by international terrorism...