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Meet Jim Oberwetter, U.S. Ambassador to Saudi Arabia, which is America’s largest oil supplier and a key strategic partner in the war on terror. Mr. Oberwetter had never set foot in the desert kingdom before he became Ambassador two years ago. His resume boasts a stint as chairman of the American Petroleum Institute, which lobbies on behalf of over 400 oil and gas interests in Washington D.C., and work lobbying for the Dallas Chamber of Commerce, but no knowledge of Arabic. More importantly perhaps, his former employer, Hunt Consolidated Oil, gave $250,000 to Bush?...

Author: By Lewis E. Bollard | Title: America’s Shaky Ambassadors | 4/26/2006 | See Source »

...full of people watching a sporting event,'' says Simon Fell, controller of emerging technologies for British commercial broadcaster itv. On the other hand, Fell notes that Sling technology could "effectively mean that more eyeballs see the program, which is good, and gives advertisers more opportunity." Attorney Dan Harrington, a partner with the London sports and business rights firm Couchman Harrington Associates, believes that broadcasters and rights holders will iron out the difficulties. "As with any new technology, the market might initially be shocked before the business models adapt to find the solutions we need to deal with the changes," says...

Author: /time Magazine | Title: Slinging Lessons | 4/23/2006 | See Source »

...Plus: there's always location, location, location. Hanoi is situated 170 km from the border with China, which last year displaced the U.S. as Vietnam's largest trading partner (two-way trade: $8.7 billion). The U.S. remains Vietnam's largest single-country export market, but many of the companies locating in the north think that, too, may be changing quickly. Most of the companies that have placed factories in the north harbor big plans of sending their finished products, from bathroom fixtures to digital cameras, to the mainland. On a small scale, that's already happening. Canon's Vietnam general...

Author: /time Magazine | Title: Waking Up the North | 4/23/2006 | See Source »

...Hanoi with the political élite promising to accelerate economic reforms and tackle corruption. But it remains to be seen whether bureaucrats will be able to change. "People used to joke in the late 1990s that Vietnam never misses an opportunity to miss an opportunity," says Fred Burke, managing partner of the U.S. law firm Baker & McKenzie. "I hope it won't be true this time." Workers like Nhan, who is going to work in the new Canon factory, are vowing to do their bit. "People in the north are just as hard-working as [those in] the south...

Author: /time Magazine | Title: Waking Up the North | 4/23/2006 | See Source »

...David R. Mittelman to Convexity Capital Management LP, leaving a vacuum in HMC’s bond divison. Seidner is the second executive to join HMC from Standish Mellon—Jennifer Pline joined last September from the firm as vice president of trusts. Kathryn I. Murtagh, a partner at law firm Goodwin Proctor LLP, will assume the newly-created position of chief compliance officer on May 1. El-Erian said the creation of the position was not prompted by regulatory requirements. “We think it’s a good idea to do it because...

Author: By Cyrus M. Mossavar-rahmani, CRIMSON STAFF WRITER | Title: Harvard Management Company Hires Two Senior Executives in Plan To Remake HMC | 4/20/2006 | See Source »

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