Word: field
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Dates: during 2000-2009
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...German firm Müller-BBM, a leader in its field, had been hired at the start of the reconstruction to bring the theater's acoustics back to their former glory. However, in the past few months, as the financial crisis has torn through Russia, Vedernikov learned that the firm's contract had not been renewed. A Russian institute without Müller-BBM's expertise has been brought in to carry out the work instead - a move to which the music director is vigorously opposed. "When I hear [Moscow Mayor Yuri Luzhkov say] that it is very important...
...Failure in the nascent field won't break the company. Fujifilm has other businesses such as medical imaging and motion-picture film, and only gets about 5% of its total revenue from its digital camera business. But company officials figure the bet could pay off handsomely if 3-D catches on and Fujifilm, which holds numerous patents on the technology, has a head start. Just standing still isn't a very appealing strategy. The digital-camera market is stagnating. About 128 million digicams were sold last year, and amid the recession, sales are expected to shrink this year, according...
Iran's ties with China, which have steadily grown over the past decade, have accelerated rapidly in the past 18 months. In December 2007, the Chinese oil giant Sinopec Group signed a $70 billion deal to begin drilling in Iran's Yadavaran field, which has estimated reserves of about 17 billion bbl. In January of this year, China's biggest energy producer, CNPC, agreed to develop a medium-size oil field called North Azadegan - a deal worth about $2 billion. And last month, while demonstrators were fighting pitched battles with paramilitaries on Tehran's streets, Iranian oil officials flew...
...Italian company ENI, have held off from signing new deals with Iranian oil officials for several months, perhaps waiting to see if President Obama's moves to open talks with Tehran will succeed in breaking the political impasse. The Chinese deal last month to develop the South Pars gas field came only after Total opted not to sign, fearing political fallout. Such fears have rarely fazed Beijing - and are unlikely...
...Baer, a former Middle East CIA field officer, is TIME.com's intelligence columnist and the author of See No Evil and, most recently, The Devil We Know: Dealing with the New Iranian Superpower...