Word: state-run
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...told me that several new hotels are being built in anticipation of a (local) year 2000 tourist influx. "I have heard that 50,000 people will come here for the millennium," he confided. But given that the best hotel currently in Bahir Dar (sister city: Cleveland, Ohio) is a state-run guesthouse whose moldy rooms and surly plumbing aspire to one-star status, it's doubtful that the new concrete-block hotels will attract even a fraction of the hoped-for crowds...
...That's certainly what the Indian government hopes will happen by combining Air India, which flies mainly internationally, and Indian, which concentrates on domestic routes. The state-run carriers have been losing market share to better-managed private airlines for years. India's Minister for Civil Aviation, Praful Patel, says the merger will improve operating efficiencies and cut costs by up to $150 million a year. Similar competitive advantages are being sought by Jet Airways. Jet became India's most successful airline after launching in 1993, but in recent years it has lost market share to low-cost upstarts like...
...From Mexico to China, more than 75% of the world's oil reserves are controlled by national oil companies today. Of the world's top 20 oil-producing firms, 14 are state-run. And even though Chavez has now stripped foreign oil companies like Exxon Mobil of any majority stakes they had in Venezuelan oil production projects - mandating that his state-run company, Petroleos de Venezuela (PDVSA), have at least 60% ownership from here on out - he's at least allowing those private multinationals to continue taking part in the drilling. Not so, for example, in Mexico or the world...
...National TV stations, now tightly controlled by the Kremlin, were ordered to broadcast the same coverage of the Church rites and the funeral ceremony, minimizing the chances for any unwelcome improvisation by any reporters. Still, a jarring moment occurred anyway: The state-run Channel 1 TV station invited a group of Yeltsin's old associates to share their memories of their leader. For the first time in at least four years, the forgotten politicians known as"democrats of the first wave" showed up on TV, and for the first time in years, Russians heard a lively political discussion broadcast live...
...pulled his 32-man delegation from al-Maliki's shaky coalition last week, has opposed the law. So too have several independent politicians. And the Kurdish Regional Government has cooled on the law, arguing that too many of the oil fields will fall under the control of the state-run Iraqi National Oil Company. The KRG's spokesman Khaled Salih says Kurdish politicians told Iraqi officials at the Dubai meeting: "It's not agreed yet." Now, if Sunni areas hold huge untapped oil and gas, it might draw Sunni politicians closer to Baghdad's energy plans since they would have...