Word: joints
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...CUBA A joint venture in Cuba's nickel industry and $6 million for health care...
...soldiers who return from Iraq missing a leg from the thigh down are getting back on their feet a lot faster these days, thanks to the Rheo Knee. The new prosthetic joint, developed in Iceland, is designed to learn the nuances of an individual's movements and adjust itself. An innovative control module--made up of sensors, a computer chip and software--reacts instantaneously to changes in the wearer's gait, so there's less strain on the hips and back...
Breaux: We need more interaction between the two parties. I remember [former Louisiana Senator] Russell Long talking about the number of joint lunches [Democrats and Republicans] used to have, where they used to sit down and hear each other out. We don't do that anymore. A lot of the new Senators are from the House. And I would hope that they wouldn't bring the House mentality to the Senate, because it's really a poisonous atmosphere over there. [Representatives] really don't like each other in a lot of cases...
...American company can raise its stake in Lukoil - but only to a ceiling of 20%, less than the 25% it needs to be able to block strategic company decisions. BP, by contrast, whose contract was signed eight months before Khodorkovsky's arrest, has a 50% share in its Russian joint venture. "That's a deal we won't see repeated," says Jonathan Stern of the Oxford Institute for Energy Studies. "The climate now is for strategic minority investments by foreign companies in Russian energy." Says William F. Browder, president of Hermitage Capital, an investment group based in Moscow: "For foreigners...
...experience of BP suggests that Yukos' success with modern production techniques wasn't a fluke. After a year of operations, BP recently gave the first detailed report about its joint venture, called TNK BP. The surprises are all good: it has revised the level of reserves upward, production growth is well above the expected 7% annual increase, and the firm has decided to double its capital spending to make more of the opportunities it is finding. In the Soviet era, BP officials explain, oil wells were developed in a cookie-cutter approach; by tailoring solutions to each reservoir and well...