Word: petros
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Dates: during 1990-1999
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...quirks. Twice divorced (he has two children, Khalid, 18, and Reem, 14), Alwaleed is not currently linked with any woman. He laughs sheepishly when people tell him, as they frequently do, that he is the world's most eligible bachelor. In contrast to the stereotype of the whoring petro-sheik, he calls himself a "calorie counter" who doesn't drink or smoke and has an American's obsession with fitness (he now weighs in at 136 lbs.). His only vice seems to be, hardly surprisingly, an appetite for luxury. He is very fond of his 282-ft. Kingdom...
Recognizing the problems with investment in such an oppressive country, many other corporations, including oil companies, have pulled out of Burma. Petro-Canada, upon its pullout, described the SLORC as "thugs, criminals and drug-dealers." Texaco, however, along with Unocal, Total, Nippon Oil and most recently Arco, has decided to do business with the regime and continue its tradition of environmental destruction and persecution of indigenous peoples...
...acre site in Eagleville, Pennsylvania, the EPA cited 160 responsible parties. At the Petro Processors sites near Baton Rouge, Louisiana, where 62 acres of land are saturated with liquid petrochemical wastes, cleanup is expected to last well into the 22nd century, in part because of endless lawsuits filed by and against the large corporations -- including U.S. Steel, Dow Chemical, Exxon Corp. and Allied Chemical -- charged with polluting. Bryant Conway, an attorney who represents a landowner with property near the Petro Processors sites, says the companies he deals with use lawyers to stall the cleanup process by legal means. "None...
...economy is crippled, and many citizens blame the government's mismanagement and corruption. Unemployment is estimated at 30% of the work force. Housing and consumer goods are in scant supply. The drop in world oil prices has drained petro-revenues by two-thirds, and most of the remaining earnings go to service the $25 billion foreign debt. "When I see the poverty in the streets, I feel ill," says Zena Haraigue, who won Algeria's highest medal as a freedom fighter. "The government filled its pockets and its stomachs, and now they ask what's wrong with their young people...