Word: rios
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...lead investigator suggested that the doomed aircraft's voice and data recorders may never be plucked from the mountainous ocean floor, more than a mile below. Meteorologists suspect the wide-body jet encountered a band of towering thunderstorms packing 100-m.p.h. (160 km/h) winds as it flew from Rio de Janeiro to Paris, but the precise cause of the catastrophe remained unknown. All 228 people aboard the airliner are presumed dead, making this the deadliest crash in Air France's history and the world's worst civil-aviation disaster since...
Dude-Ranch Lite. The five-night package at the Tamaya stables in Santa Ana Pueblo, N.M., includes horseback-riding lessons from owner Connie Collins - she'll teach more experienced riders western rodeo - and guided treks along the cottonwood trees that line the Rio Grande and Jemez rivers. The package has a camp-for-grown-ups feel, with Collins and her guides mixing margaritas on the ranch porch, and a rodeo (guests can take part) and an awards ceremony at the end of your stay. The stables are partnered with the Hyatt Regency Tamaya Resort & Spa, where you get lodging...
...rhetoric used by opponents of the deal. In fact, this source says, Chinalco had in many respects "gone to school" on the CNOOC deal, in terms of "what not to do." Unlike CNOOC's attempt to buy UNOCAL outright, this was a minority investment, welcomed - at first, anyway - by Rio's management. There was the PR charm offensive by Xiong, who went to great pains to convince Rio's stakeholders that his aims were strictly commercial and that there was no hidden agenda to buy up supply in order to keep transfer prices down later, as many critics contended...
...Rio decision to walk away spared the government of Kevin Rudd, the Mandarin-speaking Prime Minister of Australia, from having to make the tough decision as to whether to let the Chinalco investment go forward. After the Rio announcement, Rudd made a point of saying that Australia was very much open to foreign investment, and then met in Canberra on Friday with Xiong to reinforce the point. Analysts say the government was likely to approve the investment, but only after imposing what surmised would be "tough conditions." It s still unclear what those "conditions" might have been...
...Even though the economic rational for nixing the deal muted criticism in China today, the way it went still stings in Beijing. If a private sector company in the west had proposed buying a minority stake in Rio Tinto, would the Australian review process have taken as long? Or it would it have been waived through much more quickly - before commodity prices recovered? Now, far from gaining access to a giant iron ore reserves, Chinalco has to watch the two biggest producers in the world - BHP and Rio - do a joint venture with their reserves in the famed Pilbara region...