Word: milan
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...votes from Milosevic's party - few expect to see people like Bosnian Serb General Ratko Mladic on their way to the Hague anytime soon. "We are highly dependent on Western aid, and if the U.S. stops supporting us, others are likely to follow," says independent foreign investment consultant Milan Kovacevic. "We should hope for the best, but expect the worst." Kostunica will need to decide which is more important, political expediency or economic necessity...
...Stephanie Frias ’05, the highlight of her time in Italy came at a Justin Timberlake concert in Milan, where she was invited backstage to meet Cameron Diaz. She won this honor simply by proclaiming her American nationality during the concert. Her other American friends were brought on stage to dance with Timberlake for the same reason...
...penalties for false accounting, an offense for which Berlusconi was indicted in 1999. Also, to avoid bribery charges, he pushed through a law giving top government office holders immunity from prosecution, though last week Italy's high court deemed this move unconstitutional. Notes Guido Corbetta, a business professor at Milan's Bocconi University: "You can always improve the laws, but what's important is changing the culture." --By Peter Gumbel and Jeff Israely...
...years at Paris-based oil company Total, Jean-Noel Dairon has gathered a wealth of expertise in oil refining and marketing. But on a rainy Monday in October, the veteran executive shows up at the Hilton Hotel in Milan, Italy, with a rather different agenda: he has come to talk about business ethics. Dairon, 56, stands in front of 100 managers of the company's Italian subsidiary and gets straight to the point. "Is this a new era of capitalism," he asks provocatively, "or is it hypocrisy in action, a cynical response to the company's critics?" Thus starts...
Total can use the time too. Back in Milan, Dairon spends 45 minutes talking about Myanmar, a continuing black mark on the company's international reputation. Total insists that it has done nothing ethically wrong in setting up a big gas project there--after all, there are no official U.N. sanctions. But the taint of working with an especially despotic regime and allegations about forced labor raise difficult questions. "Can a company invest in a country that is considered not democratic?" Dairon asks. "Should it substitute for international organizations in judging a country in the first place?" One manager suggests...