Word: libya
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...permanent name change), and the royal ceremony, Reiten was generating headlines of his own. On the day of the merger, StatoilHydro announced it had launched a probe into the legality of approximately $7 million in consultancy fees and expenses Hydro paid as part of its oil operations in Libya. Although it has not disclosed the name of the consultancy Hydro paid or what laws it might have broken, StatoilHydro said the payments came to light during the merger process. Reiten wasn't involved in Hydro's energy operations when those payments began in 2000 - he was boss of the company...
...however, the company must also focus on investigating those suspect payments in Libya, and limiting the damage if wrongdoing is uncovered. On Oct. 4, Hydro said it had contacted Okokrim, the Norwegian national authority that investigates economic crime, after an initial probe suggested Hydro had done more business with the consultancy than was previously thought. Packed into a room with reporters in Molde, a short drive and ferry trip from Nyhamna, StatoilHydro's new boss Lund scoffed at any talk that the revelations might disrupt the smooth integration of the two firms. "I'm the strongest guarantor for that...
...midst of Sudan’s impunity, the recent attack on African Union (A.U.) peacekeepers in Darfur by rebels in Haskanita has imperiled the peace talks scheduled for October in Libya. Although a hybrid United Nations-African Union Mission in Darfur (UNAMID) is slated to relieve the A.U. peacekeepers by the end of the year, its success is contingent upon Sudan’s cooperation. Supposedly, Khartoum has committed to the hybrid force, but it has also granted free reign to likely war criminals, making future attacks a certainty...
...deals leads some Americans to believe that the U.S. should just ignore North Korea’s nuclear ambitions. Who cares, they grumble, if Kim Jong Il buys himself a new toy? The problem is that Kim Jong Il shares his toys—with other rogue states. Pakistan, Libya, and Syria are among the countries that have bought missiles from the North.Most troubling, the National Council of Resistance of Iran, a Paris-based Iranian protest group, alleges that North Korea is sharing nuclear technology with Iran. Kim Jong Il equips rogue states with weapons and nuclear know-how, both...
...foreign affairs, Sarkozy has similarly shown a flair for big announcements of limited results. Despite his finish-line sprint, 99% of the credit for freeing the Bulgarian medics from Libya goes to years of tireless work by E.U. officials. Sarkozy's warmer relations with the U.S. shouldn't and can't hide the deep differences that France and Europe have with America - and not just on Iraq. And it's hard to fully applaud his success in Europe's agreement on the simplified treaty when, elsewhere, Sarkozy sends the message to Germany and others that their work to trim deficits...