Word: nico
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Dates: during 2000-2009
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...Schumacher will join fellow German Nico Rosberg on a Mercedes team that won both the drivers' and constructors' titles this year (in its former guise as Brawn). Rosberg could barely contain his delight at the news, saying, "It is fantastic Michael is returning to Formula One ... It's a great challenge for me to be up against one of the best drivers of all time." Brawn was also pleased with the announcement: "As seven-time world champion, Michael's outstanding record in Formula One speaks for itself and I am looking forward to working with him again." As for Schumacher...
...Labor issues are compounded by environmental concerns voiced by international academics. The Australia-based Mineral Policy Institute believes that Ramu NiCo's assurances about mine-waste disposal in the Basamuk Bay not poisoning the fish-rich waters are based on "fatally flawed" data. (Other Chinese companies have been accused of importing vast amounts of illegal timber from P.N.G.'s dwindling forests, even as Beijing tries to protect its own natural bounty by cracking down on illicit logging at home.) "With other countries, we try to make foreign companies accountable by lobbying shareholders or raising public awareness in that country," says...
...Trying Game To its credit, Ramu Nico has done far more than the average Chinese state-owned enterprise to repair its image and court community approval. Unlike most other Chinese firms, the company responds promptly to international press queries and has published a comprehensive project sustainability report. Ramu NiCo has an English-language website that bandies about the proper catchphrases for a FORTUNE 500 subsidiary: sustainable development, competitive benefits, cross-cultural human resources. The glass-sheathed Ramu NiCo headquarters in the town of Madang, where the fastest pace of life is set by swarms of flying foxes, boasts human-resources...
...others say they have been iced out of the deal. "For Chinese and Papua New Guineans, who are from such different cultures, it will naturally take some time for us to truly understand each other, and sometimes it is not easy," says Wu Xuefeng, deputy general manager at Ramu NiCo. "Our proposal to tackle all these challenges is to address them within our overall sustainability development framework, [and] we are glad that we have been improving along the way and that our linkage with the community has been strengthening." Wu also correctly notes that the obstacles his company has faced...
...Chinese have descended on P.N.G. - many illegally. Last November, in a low point for Sino-P.N.G. diplomacy, the police raided the construction sites at Basamuk and Ramu and arrested 223 Chinese for immigration violations. The foreign workers, it turned out, had entered on visas that prohibited employment. Ramu NiCo, in turn, complained that government bureaucracy was so slow that getting the proper paperwork would have taken years so they were forced to circumvent the rules. But there were other infractions. Local regulations specify that foreigners can only work in jobs that locals cannot perform and that they must...