Word: oiled
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...Beijing has what it used to call "core interests" - issues that stand above and beyond the rest. Taiwan is one. Another - a recent product of its economic surge - is long-term access to the oil, gas and minerals needed to fuel the country's growth for decades to come. Iran, from whom Beijing now buys a tick over 400,000 barrels a day (about 14% of China's total oil imports), is clearly part of that future. But U.S. Secretary of State Hillary Clinton recently called out Beijing in public to get off the fence and sign...
...these folks work so many hours? "It's a chance to be part of one of the biggest events in the world," says Kalum Iverson, 33, an oil company account manager from Langley, B.C. He's also driving around dignitaries. "I didn't want to miss out." Iverson remembers waking up in the middle of the night during the 1998 Olympics to watch the hockey games being broadcast from Nagano, Japan. Since then, he has wanted to be part of the Olympics in any capacity. (See the top 10 worst figure-skating costumes...
With inflation and unemployment running at 30% in Iran, continuing demonstrations in the country and shaky oil markets, the Obama Administration should be considering the distinct possibility that the IRGC may welcome an open conflict with the U.S. (and Israel), its coup d'état solidified...
...says. Aegean Airlines, which may have to move to short-term leases for some of its fleet, is also looking outward. In the last six months, the carrier added routes to Egypt, Israel and Turkey. Greece's $40 billion shipping industry - the country controls 22% of the world's oil-tanker fleet and nearly 25% of its cargo ships - should also prove immune from the financial maelstrom because of its global reach, according to Theodoros Veniamis, the president of the Union of Greek Shipowners. "Shipping is a cyclical business that operates worldwide," he says. "The current crisis won't have...
Lesson No. 1: tell people what you want them to do in a way that will make intuitive sense to them. The U.S. government's Food Guide Pyramid says adults should eat 5 to 7 tsp. of oil a day. Know how many teaspoonfuls of oil you ate yesterday or why you should care...