Word: oil
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Dates: during 2000-2009
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...potential economic one. Neighboring nations are increasingly dependent on Burma's resources, and most of the country's natural wealth - from jade and timber to hydropower and natural gas - is concentrated in the tribal regions. The planned route for a Chinese-financed project of dual natural-gas and oil pipelines, for instance, begins in an ethnically troubled part of western Burma's Arakan state and runs past the part of Shan state where fighting raged last month in Kokang. Construction of the Shwe pipeline project, the biggest ever foreign investment commitment to Burma, was supposed to begin this month...
...confrontation, say most Indian strategists, lies not in standoffs on remote, rugged peaks but in the waters all around the Indian subcontinent. The Indian Ocean is the thoroughfare for nearly half of all global seaborne trade, and the coastal states are home to over 60% of the world's oil and a third of its gas reserves. Traditionally, India has imagined the ocean as part of its backyard without investing serious resources in its navy - much more goes to an army and air force that are perched by the land boundaries with the old enemy of Pakistan. And that...
...safeguard its vast appetite for oil and other natural resources, particularly those drawn from Africa, China has embarked upon a "string of pearls" strategy, building ports and listening posts around the Indian Ocean rim. Beijing's projects span from the Malacca Straits to the Cape of Good Hope and many places in between, including countries that were once in India's sphere of influence. A massive deep-sea port being built by Chinese funds and labor at Hambantota, at the southern tip of Sri Lanka, has in particular riled Indian analysts. With a $1 billion facility also under construction...
...adore the food at Ece, tel: (90-212) 245 7628 - the vegetable-in-olive-oil dishes are delicious. From there, you can go down to the Spice Market and then hop onto a ferry to Uskudar to watch the sunset. Come back to the European side for dinner, at the inventive Abracadabra, tel: (90-212) 358 6087, in Arnavutkoy. Chat or dance the night away at any of the cafés in Cihangir or bars in Beyoglu. There's no sleeping in Istanbul...
...Ezzeddine's schemes - supposed investments in oil, publishing, metals and television, spread out from the Gulf to Africa - are unraveling on a spectacular scale, and it is casting Hizballah in an unflattering light. The house of cards began falling earlier this month, when his businesses went bankrupt, ostensibly from the effects of the global financial crisis. But rumors swirled in the press of a pyramid scheme of more than $1 billion, and the local media dubbed Ezzeddine the Lebanese Bernie Madoff. Last weekend the Lebanese government charged him with fraud. All across the Shi'ite-populated regions of Lebanon, thousands...