Word: sectoral
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...Time of Troubles." Putin's predecessor, Boris Yeltsin, was like a caricature of the disastrous Czar Boris Godunov, on whose watch Russia suffered hunger and humiliation. Plagued by heart trouble and alcohol abuse, Yeltsin had secured re-election in 1996 only by turning the privatization of the Russian energy sector into a sleazy scam, trading oil and gas fields for campaign contributions. Meanwhile, ordinary Russians had to endure rampant inflation and unemployment. Small wonder Russia's geopolitical standing seemed to crumble during the 1990s. As former Soviet republics and Warsaw Pact allies queued up to join NATO, the superpower seemed...
...that, previous measures to penalize foreign companies that make sizable investments in Iran's giant oil and gas sector, like the 1995 Iran-Libya Sanctions Act, remain in force. The measure calls for U.S. sanctions on foreign companies that invest more than $20 million a year in Iran's energy sector, and last week Royal Dutch Shell admitted that could put in jeopardy its projected $10 billion investment in an Iranian gas field in cooperation with Spain's Repsol. Shell Chief Executive Jeroen van der Veer said, "I would like to emphasize that we have here quite a dilemma. This...
...examinations, and too many parents will back them up. Teachers will complain about accountability, and their unions will back them up. Suburbanites will oppose giving minorities access to their schools, and their members in Congress will back them up. The public school establishment will fight competition from the private sector, and politicians won’t be able to resist the pressure...
...prospered as El Dorado struggled spurred Murphy to action, says chairman and CEO Claiborne Deming. "This not a booming metropolis by any stretch," Deming notes, alluding to the toll that lumber imports have taken on the area's timber economy and that job exports have squeezed from its manufacturing sector. In pledging $50 million over the next five years for the El Dorado Promise, the company not only can "give back" to the community but rebuild its shallow talent pool - a "wonderful confluence" of interests, Deming says. "Surprise, joy gratitude - the reaction in El Dorado has been heartwarming," Deming adds...
...former director of Chevron whose reading includes the financial press and oil- and gas-industry journals, she has personally overseen the Administration's campaign to persuade financial institutions in Europe and the Arab world to halt the flow of capital to Iran's oil sector. The idea is that through a combination of moves--projecting military muscle, squeezing Iran's oil lifeline and securing U.N. Security Council sanctions against Tehran's nuclear industry--the U.S. can drain Ahmadinejad's popular support and force the mullahs to bend to international demands to stop enriching uranium, the first step to a nuclear...