Word: joint
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...good it did him. On June 5, Rio Tinto told Chinalco that their deal would not go through after all. It would, instead, float a rights issue to raise money needed to pay down a massive debt load, as well as enter into a joint venture with BHP Billiton - the mining giant that last year tried to buy Rio outright. Xiong, in a statement issued by Chinalco, simply said he was "disappointed" at the outcome...
...Australian review process have taken as long? Or it would it have been waived through much more quickly - before commodity prices recovered? Now, far from gaining access to a giant iron ore reserves, Chinalco has to watch the two biggest producers in the world - BHP and Rio - do a joint venture with their reserves in the famed Pilbara region of western Australia. It's no wonder that the executive director of China's iron and steel institute was warning about a possible "monopoly...
...During the joint press conference with Merkel, Obama noted that Dresden had overcome "great tragedies and is now this beautiful city full of hope." Merkel called Obama's second visit to Germany as president "a trip of a highly symbolic nature." "It is just so important that President Barack Obama makes his first stop here in Dresden," said the German chancellor...
...from here lies Weimar, a place where Germans created wonderful works of art, thereby contributing to European culture and civilization. Not far from that place where once artists, poets, and great minds met, terror, violence, and tyranny reigned over this camp. At the beginning of our joint visit to the Buchenwald memorial the American President and I stood in front of a plaque commemorating all the victims. When you put your hand on the memorial you can feel that it has warmed up - it is kept at a temperature of 37 degrees, the body temperature of a living human being...
Government and private Web networks in the U.S. have emerged as frequent targets for online scofflaws. The Pentagon reported some 360 million attempts to break into its networks last year, up from just 6 million in 2006. That includes a reportedly successful attempt to hack into the $300 billion Joint Strike Fighter project and copy data about the aircraft's design and electronics systems. The espionage is believed to have originated in China. Experts say computer criminals in China and Russia have also infiltrated America's electrical grid, covertly installing software to potentially damage it at any time (the governments...