Word: oiling
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...medium in which everything is interesting and nothing is durable. Educated at Cambridge University, she launched herself in the U.S. on the back of a book about Maria Callas (her third of 12) and a few key friends. Pretty soon, almost virally, she knew everybody, was marrying an oil millionaire (with Barbara Walters for a bridesmaid) and stumping for the Republicans. Almost as fast, she was divorcing said millionaire, who turned out to be bisexual, and becoming a Democratic champion. In 2003 she ran for governor of California but withdrew after it was revealed that she had paid only...
Last year, the Chinese came. The villagers living in western Burma's remote Arakan state couldn't quite fathom what the Chinese told them, that below their rice fields might lie a vast reserve of oil. For three months the Chinese drilled the earth near the muddy Kaladan River in search of black gold. Then, just as suddenly, they left. In December, the Indians arrived. Through Burmese intermediaries, they took the village's paddies as their own, depriving locals of their main source of income. Compensation was promised, villagers tell me, but none has been paid...
...Mosquito Coast In return for oil, natural gas, timber, hydropower, gemstones, cash crops and a periodic table's worth of minerals, countries like China, India, Thailand, Malaysia and South Korea are propping up - and massively enriching - Burma's top brass. In the first nine months of 2008, foreign investment in Burma almost doubled year on year to nearly $1 billion, according to government figures that don't even take into account significant underground economic activity. Burma today is estimated to produce 90% of the world's rubies by value, 80% of its teak, and is home to one of Asia...
...Minority Report Arakan's capital, Sittwe, is a sleepy port near the Bay of Bengal where the pace of life inches along at the speed of a pedicab. But nearby, the rush for oil and gas is intense; last year, Russian, Thai and Vietnamese companies signed exploration deals with the junta. In late December, a consortium of four foreign companies, led by South Korea's Daewoo, inked an agreement with the junta and China National Petroleum Corp. to extract natural gas from Arakan's offshore Shwe fields and pipe it northeast through Burma to China's Yunnan province. The pipeline...
...province's Iraqi police, national police and army units, says there are several factors to blame. First of all, he says, the lack of political accord among the province's diverse population as well as tensions with the neighboring region of Kurdistan, which lays claim to Nineveh's oil-rich city of Kirkuk, have fostered an environment of political uncertainty. (See 10 ideas changing the world right...