Word: soarings
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...Mauritius is good Africa, Angola is not. An élite cadre of government figures, Angolan bosses and foreign oil companies holds on to the soar-away gains of its 35% growth while the country stagnates in destitution and inflation. Partly that's due to the lack of a diversified economy to harness the oil wealth. As a foreign diplomat puts it, "If you're dying of thirst, you can't drink from a fire hose. The water comes out too fast." But it's also due to corruption: a 2004 Human Rights Watch report claimed that $4.22 billion...
...sought throughout his brief presidency. Even the international press thrilled at the omnipresence of France?s young, dynamic can-do President, and Sarko could use some of that spin now. That's because France's economy is stalling, purchasing power is falling as oil and food prices soar, and a series of strikes over pension reform and job eliminations in the public sector are likely to make November a nightmarish month for the French. At least Sarkozy's return to the diplomatic Big Top will generate the kind of press attention capable of momentarily distracting the French public from...
This year, Robertson may need to acquire an autopen. The iconic British car company is expecting already rising sales to soar. Well, relatively speaking. This is, after all, a company whose ambition is to sell a mere 1,000 cars a year. That's a goal now in reach, thanks to upcoming expansions of the Rolls product line, increasing numbers of extremely rich potential buyers, and fast-growing Asian markets...
October is the beginning of India's festive season, a time when shopkeepers' profits soar amidst the gift-giving and all-round revelry tied to Hindu holidays like Dussehra and Diwali. Last week however, some 7,000 small shopkeepers, street vendors and traders shuttered their businesses to gather in the district of Azad Maidan in south Mumbai (formerly Bombay). Carrying placards saying SAVE SMALL RETAILERS, they forewent the day's earnings in order to march in protest against big national and international chain stores like Reliance Retail and Wal-Mart, who the shopowners say are threatening their livelihoods...
...Arctic Ocean floor at the North Pole that inspired Canada, the United States, Denmark and Norway to freshen up their own claims to the Arctic. Considerable - but still largely uncharted - oil and gas deposits are the attraction, and they become ever more enticing as prices for petroleum soar and exploitation technology improves...