Word: governmentally
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Dates: during 2000-2009
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But Fukuda is not so out of place anymore. The petite, soft-spoken activist from Nagasaki prefecture is one of more than two dozen rookie female politicians who three months ago swept into the legislature on a groundswell of antiestablishment public sentiment. During watershed national elections on Aug. 30, voters...
Fresh from a trip to Baghdad, Yves-Louis Darricarrère, who heads global exploration and production for the French energy giant Total, told TIME in early November that oil executives all feared being left out of the rush. "Iraq is extremely important for the industry and for world supply...
But being there won't be easy, either, due to daunting technical and other challenges. Iraq's oil industry has limped along for years on creaking old equipment, patchwork pipeline networks and decayed, rusted port facilities; Saddam-era sanctions largely prevented the industry from upgrading to state-of-the-art...
While stability is returning, this relative peace is fragile. Iraqi officials and oil executives have rushed to sign contracts before national elections scheduled for January, since no one knows whether the current government will remain in power. Shahrastani is under fire from opposition politicians, who are complaining of widespread corruption...
Neither companies nor government officials want to wait any longer to kick-start production. The Iraqi people are impatient for economic relief, and since more than 90% of Iraq's budget comes from oil revenues, nothing seems to offer more hope than the arrival of Big Oil. "We still have...