Word: shellful
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...share intelligence to bring it down. The idea that a pariah regime like Gaddafi's can find friends and prosperity through improved behavior is one Blair and George W. Bush want the whole Middle East to register. A new $200 million oil exploration deal for the Anglo-Dutch giant Shell, with more in the pipeline, doesn't hurt either. For his part, Gaddafi is tired of isolation and sanctions, which have cost Libya tens of billions of dollars. Yes, he's a dictator, not a democrat of the sort Bush and Blair say they want to foster in the Middle...
...Management Shell Game What if they gave a business scandal and no one came? Royal Dutch/Shell plunged deeper into crisis last week as new details emerged about how the Anglo-Dutch oil giant overstated its reserves. But for the moment investors don't seem to care. Shell's stock barely budged after a report in the New York Times alleged that the newly appointed chairman, Jeroen van der Veer, was one of several executives who may have known about the reserves shortage two years before the company cut its official estimate by 20% in January. Even a deepening investigation...
...Merrill Lynch analyst Mark Iannotti says it's "increasingly difficult to have confidence" in Shell's senior management. Still, he - like others - is sticking to his "neutral" rating for the stock. Sins Of Emission In its efforts to combat climate change, the European Commission seems to be producing its own hot air. Brussels boasted last week that all provisions of the 1997 Kyoto protocol on climate change are now legally binding. As part of the Kyoto deal, the E.U. agreed to lower greenhouse gas emission levels by 8% below 1990 levels between 2008 and 2012. But legislation alone...
...compromise on the outcome of eight disputed senatorial seats, more than $500 million in international loans and aid were blocked—including a $146 million loan package from the Inter-American Development Bank earmarked for healthcare, education, transportation and potable water. Meanwhile, the Haitian government was pressured to shell out $5 million in interest on these loans and pay $66 million in arrears. Dependent on foreign aid, the Haitian government had to empty out half its foreign reserves, causing the Haitian gourde to lose 69 percent of its value...
...libraries in the center of Baghdad was completely looted and burned,” he said. “There were many manuscripts lost there. It’s very sad and devastating to look at this building, previously a library, which is now just a burned out black shell. For someone who loves books, it’s a very difficult thing...