Word: possession
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...Many Asian countries could go Nigeria's way so far as oil is concerned. Cambodia, which is still recovering from the Khmer Rouge era, ranks near the bottom of Transparency International's Corruption Perceptions Index, and does not possess the institutions to monitor how the government uses its new oil riches. East Timor's economy will have almost no other foundations - studies estimate over 90% of government revenues eventually will come from oil. Before its latest brutal crackdown on peaceful protestors, Burma's military regime already demonstrated such little concern for its people that it reportedly spent among the lowest...
...course, Ahmadinejad is no simpleton. He knows precisely how to exploit one of the few powers he does possess, the power to offend. He gains status in Iran and in the Islamic world by sticking his thumb in the giant's eye. His Holocaust denial is a flagrant ploy - the easiest way to get a rise out of the Jewish community and, inevitably, U.S. politicians. Clearly, he benefits from his falsely inflated prominence. But who else does...
...angry. But he has apparently recovered. In a rare public act of conviviality between luxury houses, the designer issued an adoring statement about the CEO of Saint Laurent. "Valerie is an incredible woman to work with, as she is sharp, strong, determined?all the qualities that male company presidents possess, yet at the same time she retains her feminine charms...
...Robert Nigmatulin, director of the Institute of Ocean Studies at the Russian Academy of Sciences, says establishing a claim to the continental shelf before 2009 - as Russia must do under the terms of the unclos - would require drilling deep-water seabed samples, technology that he says Russia does not possess and is not inclined...
...Treasury debt and other low-risk securities. As the reserves have swelled, there has been a growing call to boost the returns generated by these large stocks of assets. Asian private capital is also accumulating rapidly and can be put to work. Because of these developments, Asian countries possess an extraordinary reservoir of money to allocate to new investments...