Word: oiled
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Dates: during 1990-1999
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...region is ripe for some strong market surges. Loretta Morris, manager of the Nicholas-Applegate Worldwide Growth Portfolio, is finding dozens of stocks to her liking, especially among export-driven companies benefiting from weakening currencies. Her favorite countries are Germany, the Netherlands and France. Favorite stocks include the French oil company Elf Aquitaine, Dutch electronics-giant Philips and German carmaker Volkswagen...
...global-stock strategy for GT Asset Management, is bullish on the whole region. He expects a continued recovery from the 1994 peso crisis and believes the region is just starting a two- or three-year up-cycle, which will be fueled by corporate cost cutting. Brazil's Petrobras, an oil company, should be one beneficiary. He also likes paper-goods manufacturer Kimberly-Clark de Mexico and land developer IRSA in Argentina...
When it was founded 44 years ago, Petrobras, Brazil's state-controlled oil company, was a vital symbol of national pride. "The oil is ours" was an oft-repeated slogan. Politicians embraced Petrobras as an indispensable, state-owned bastion against foreign ownership and domination. But now foreigners and locals alike can profit from Petrobras' dominance in one of the emerging world's most dynamic markets...
...Knight was persistent. Two years later, according to internal Molten documents, Knight began working on ways to court Molten's largest potential customer in Mexico--the state-owned oil company, Pemex. To prove it could do the work, Molten set out to perform a "feasibility" plan. And to engage Mexico's top environmental officials, it asked U.S. Ambassador Jim Jones, an old Gore ally in Congress, to hold a luncheon at his Mexico City residence. One corporate E-mail to Knight thanked him for "helping us" with Jones and a U.S. agency that granted Molten $280,000 to help finance...
WASHINGTON: The daily parade of dirty donors assembled by the Senate Governmental Affairs Committee constitutes more of a demonstration than an investigation. Roger Tamraz is a case in point. The story of how the palm-greasing oil tycoon made it into the inner chambers of the White House has been known among investigators and journalists since March. It is just now coming to the screen, where Fred Thompson massages witnesses for the best sound bites and head shots, so as to maybe ? just maybe ? get regular people interested. And the wisecracking, straight-shooting Tamraz certainly gave...