Word: petros
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Without much oil under its sands, Dubai is no petro powerhouse. But you can't beat it for being the most colorful sheikdom in the Middle East--or the most ambitious. What other desert land can claim one of the world's largest indoor ski slopes, featuring fresh powder year round? While flying in on the stylish, state-owned Emirates Airlines, you might notice the artificial islands in the shape of a palm tree or the 56-story Burj al-Arab hotel, as tall as the Eiffel Tower, built like a billowing sail. Westerners are welcome, along with their vices...
Successful movie are, it's said, the ones whose story and appeal can be expressed in a single sentence. To summarize Syriana, writer-director Stephen Gaghan's drama about petro-politics, you would need a book the size of The 9/11 Commission Report. Hopscotching across the globe, packing enough plots for half a dozen thrillers, refusing easy judgments of its characters, the film has a worldview that is mature, synoptic, careworn--light-years from the standard Hollywood movie. The closest we can get to pegging Syriana in a phrase: it's smart...
...televised speech, blaming the crises on Yushchenko's cronies. The Cabinet implosion was triggered by the dramatic resignation of Olexander Zinchenko, the President's Chief of Staff, who furiously denounced as corrupt Yushchenko's top aide Olexander Tretyakov and Secretary of the National Security and Defense Council Petro Poroshenko, among others. At a press conference, Zinchenko pointedly questioned the origins of Poroshenko's business empire, allegedly worth $350 million. "Bribery and corruption are worse than before the orange revolution," he said - only to see Poroshenko enter the hall in a rage to counter the charges. Zinchenko said he had passed...
...William Payne, who authored his state's bill, hopes "this will grow from a ripple to a wave," and points to six other states, including Ohio and Massachusetts, where governments and pension funds are considering divestment. Meanwhile, Harvard students pushed the university to sell its $4.4 million stake in Petro- China, which has oil contracts in Sudan, and Stanford said it would divest its holdings in four energy firms that operate there. Dartmouth and the University of California are among the schools that have said they might follow suit...
...Jazeera International marks the first time that a broadcaster based in the developing world will transmit English news and current-affairs shows to viewers throughout the U.S., Europe and the rest of the developed world. And there's more to come from al-Jazeera and its fabulously petro-rich bankroller, the government of the tiny state of Qatar. The English channel is the centerpiece of a plan to transform the company into a media powerhouse with greater clout in the Middle East and far beyond. "We are expanding to become a major international media group," al-Jazeera chairman Sheik Hamad...