Word: southeast
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Rushing, who sponsored legislation in 1996 that banned the state government from doing business with companies tied to Myanmar, cheered Massachusetts’ role as one of the first U.S. states to support democracy in the southeast Asian country...
...years ago, with a barrel of oil dipping to about $10, there was little interest in Southeast Asian petroleum, other than established deposits in Indonesia and Brunei. But now, global instability and rising demand from India and China have spiked oil prices to over $80 per barrel, and governments are nationalizing major fields from Russia to Venezuela. At the same time, as offshore technology improves, oil firms can hunt in deeper, tougher waters, like the Timor Gap between Australia and East Timor. So the region has exploded with oil fever. Vietnam plans to explore in seven offshore blocks, Malaysia this...
...Some Southeast Asian governments seem to want to learn from the mistakes committed by other countries. East Timor has created a national petroleum fund to save revenues for future generations. Dili has also enlisted advisers from Norway, one of the best examples of putting black gold to good use, to manage its oil money. But noble intentions are not enough. East Timor NGOs worry that their country's oil laws are so vague that they open the door to mismanagement and skimming. A damning World Bank-Indonesia joint study earlier this year showed Indonesia was struggling to spend state funds...
DEFINITION Bur-muh n. Nation in Southeast Asia that in 1989 changed its official English name to Myanmar (Meye-ahn-mahr...
...Astonishingly, until the first of the race's three debates last week, the issue of the slow recovery of New Orleans and Southeast Louisiana has been largely absent from the campaign. Nagin, who endorsed Jindal the last go-round, said recently that he was waiting for a sign before throwing his support behind a candidate. "I've talked to just about all of them," he said. "I keep saying I'm looking to see what the commitment of the candidates are to the recovery of South Louisiana. And they keep dancing around it. And as long as they continue...