Word: smalling
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...Explorers salivate in particular at the prospect of peace in Somalia. Oil reserves in the blocks licensed to two small oil companies, Africa Oil and Range Resources, could contain as much as 10 billion bbl. Nobody is talking about producing oil in Somalia anytime soon, but analysts say oil companies are less likely to be intimidated by political risk than they were in the past. They point to oil production in south Sudan, where a 20-year civil war that ended in 2005 threatens to reignite. "Definitely, there is a sense that there are discoveries to be had," says...
...Atlanta; New York City; and Washington, D.C. But there's just no way any farm-to-cup roaster can open up 60 stores, let alone 16,000-plus like Starbucks. But every town can have a café that, if it doesn't buy its coffee beans from a small farm in Burundi or Costa Rica, at least can buy them from someone who does. According to an industry trade publication, what is loosely called "specialty coffee" accounts for $13.65 billion in sales, one-third of the $40 billion that Americans annually spend on coffee. Obviously, only a small fraction...
...outreach to Graham in search of a compromise gained steam on the eve of the blizzard that gripped Washington in early February. Obama convened a meeting on the KSM trial with his small group of advisers on national security, including Emanuel, top political advisers David Axelrod and Pete Rouse, Deputy National Security Adviser Tom Donilon and Vice President Joe Biden. Also present was Holder...
...some 300 stunned shareholders, Navalny, who owned about $2,000 worth of stock in the company, grilled senior management for several minutes about the company's minuscule dividends and opaque ownership. When he finished, there was a brief silence and then an unexpected burst of applause from a small group of shareholders in the back of the hall. The company directors were visibly flustered, said a Russian journalist present at the meeting. "They clearly weren't accustomed to being asked questions like that," the journalist said on condition of anonymity, citing company policy about speaking to other media. "They looked...
...corporate lawyer with a degree in financial markets, Navalny has spent the past three years snapping up small stakes in publicly traded state-owned companies, many of which have senior government officials on their boards. Public listings provide these firms with crucial capital and international legitimacy, but in exchange, they're forced to adhere to a modicum of transparency that is absent from Russian politics. This is where Navalny comes in. Exploiting his status as a part owner, he harasses senior management with questions about how their actions may be affecting the bottom line. "All you need is one share...