Word: giantes
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...troops prepare to withdraw from the country next year, some of the world's biggest energy companies, among them ExxonMobil and Royal Dutch Shell, are racing to lock up multibillion-dollar deals with officials in Baghdad that will allow them to exploit the country's giant oil fields. The deals will not only allow Big Oil to return to Iraq for the first time since Saddam nationalized the industry in 1972. By modernizing a production system wrecked by conflict and embargoes, Iraq's exports could also get a huge boost, putting the country's parlous economy on firmer footing...
...ceremony broadcast live on Iraqi television. It was meant to be grand theater, but proved a p.r. failure for Baghdad. Just one bid succeeded: it was submitted by a partnership between Britain's BP and China National Petroleum Corp. (CNPC) for production rights to southern Iraq's giant Rumaila field. Other companies abandoned the process after Iraqi officials refused to pay more than $2 for each barrel produced above a certain threshold. (Instead of leasing the fields to operators and receiving royalties for every barrel of oil sold, Iraq is retaining ownership of production. In essence, the government is employing...
Three weeks after a $17 billion bid by food giant Kraft - expected to be detailed in offer documents circulated among shareholders from Friday - the tussle to take over tasty British confectioner Cadbury shows no signs of melting. In rejecting Kraft's hostile offer last month, Cadbury labeled it "derisory." Now U.S. rival Hershey has said it's mulling a bid of its own while Italy's Ferrero has also expressed an interest in gobbling Britain's favorite chocolate maker. While some doubt those companies' ability to come up with the money for such a big target, there are no such...
Statues may not really be architecture, but when they’re this big and obnoxious it’s fair to consider them as such. Except that this isn’t a statue. It’s a giant phallus. A 13.5 foot tall, 70-year-old phallus. Good for inappropriate pictures, not so good for architecture...
...inspiration for the design. Cameras in the 60s certainly looked very different to today, but I’m pretty sure they didn’t look like this. My suggestion: Knock it down and rebuild it in the shape of a sleek modern camera. Imagine the giant digital screen. Amazing...