Word: tripoli
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...unwanted partner: the government of Libyan Strongman Muammar Gaddafi. In 1976 Libya purchased a 15% share of the then troubled company for $320 million and won two seats on Fiat's 15-member board. After Fiat executed a successful turnaround to become Europe's best- selling automaker, the Tripoli government refused to part with its shares. Last week Libya, presumably strapped for cash by low oil prices, handed over its shares for a handsome $3 billion. Two of the buyers, West Germany's Deutsche Bank and Mediobanca of Milan, plan to offer their stake to investors...
...carried by a major river. Put another way, the Libyans will be pumping more than twice as much water a day as the present volume of OPEC's daily oil production. Some 2,500 miles of pipeline will stretch from the desert to the coast. The branches serving Tripoli alone will be more than 1,200 miles long, a distance roughly equal to that between Switzerland and Scotland...
Some 270 wells are being sunk in the Tazerbo and Sarir areas, more than 300 miles south of Benghazi. Plans call for additional wells to be drilled south of Tripoli and for more then half of Libya's 1,100-mile coastline to be linked by the pipeline. Later, irrigation schemes, food-processing plants and factories are to be added...
...country has a population of only 3.9 million, more than 90% of the people live along the Mediterranean, where increased demand for water for agriculture and industry is taxing local rain-fed wells. Many have become so saline that they are virtually useless for irrigation purposes. Even in Tripoli, Libya's capital, most of the water has an unpleasant salty taste...
...brothers convened a news conference in the northern Lebanese city of Tripoli, denying involvement in the bombings and saying they had not been in France in two years. Their statement was made just before the Wednesday attack...