Word: neveral
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...threatened to leave Citi if his pay was cut, which means Oxy is probably honoring his contract. Says an Oxy spokesperson, "We hope and expect Phibro to continue to do well financially and that Mr. Hall and his colleagues will do well financially." (Read "The Citi Sale That Never Ends...
...price of oil topped $100 at some point in the next five years. Because Hall made a bet oil would reach a price that few could imagine was possible, he was able to buy the contracts cheaply. It was a risky move. If the price of oil never reached $100, the contracts would expire worthless. Instead, when oil topped $100 in 2008, Hall's Phibro division made a bundle, far more than he would have made had he just bought oil, or one of the many oil exchange-traded funds (ETFs) that individuals and even some professionals like to trade...
When describing Xinjiang, silk road clichés never grow old. China's westernmost region is a vast territory of deserts and mountains, where peaks of black sand descend toward ancient oasis towns. In many of its cities, men still haggle over livestock in dusty markets and purchase blades from blacksmiths whose families have stayed in the craft for centuries. The faces of its Uighur inhabitants, a Turkic Muslim ethnic group, tell of Xinjiang's history as a crossroads for caravans and civilizations: an astonishing array of gray, hazel and blue eyes, fringed by brown or black or even blond...
...post office before joining officer-training school and rising up through the military ranks, specializing in psychological warfare. Unquestioning loyalty was "the secret of his success," says Benedict Rogers, co-author of a forthcoming book called Than Shwe: Unmasking Burma's Tyrant. "He always followed orders. He was never seen by anyone as a threat, and therefore was rewarded with promotions, precisely because he didn't really demonstrate any flair or initiative...
...know just how many Saudi women want change. "It's an exaggeration to call it a women's movement. But we are proud to say that something is going on in Saudi Arabia. We are not really free, but it is possible for women to express themselves as never before...