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He called the prime minister a "fraud" and advised voters to not get caught up in criticism of a Liberal "green shift;" instead be worried about a Conservative "blue shaft. The speech was the latest volley in [Danny Williams]'s so-called ABC campaign -- "Anything But Conservative." The Progressive Conservative premier is seeking to deliver his federal cousins an electoral "goose egg" in Newfoundland and Labrador. Williams has indicated he is unsure whether he will take his ABC campaign on the road. His popularity in Newfoundland is one thing, but it's unclear what weight his message would carry in battlegrounds like Ontario and Quebec. Critics point towards Newfoundland's oil wealth and wonder what all the equalization fuss is about. Last year, the province boasted a $1.4-billion surpl...
...Petrodollars will officially push Newfoundland and Labrador int...
Marketing and advertising researchers are at odds on whether standardized advertising messages and tools can be used across cultures. The dispute has heightened with the advent of globalization in which national boundaries become blurred. But if globalization has managed to cross geographical frontiers, its role in merging cultures and traditions is less discernible particularly in conservative societies like the oil-rich Arab Gulf states where massive oil revenues are fuelling consumerism leading to a surge in advertising budgets. The flow of petrodollars is bringing about dramatic transformations in these societies and their media landscape. This paper provides an overview of these transformations and their impact on advertising. It argues that despite globalization, the countries sti...
... states seeking to invest surplus petrodollars, but there are many diverse countries of origin, i...
... is not necessarily related to petrodollars but rather is an issue of "too much wealth managed...
... the excessive borrowing of recycled petrodollars. Tightening of US monetary policy in 1994 no doubt...
Today, VW Chairman Ferdinand Piech is Porsche's grandson and a member of the two families that control Porsche. VW and Porsche have cooperated on many vehicles through the years, including today's Porsche Cayenne. That job belongs to Wendelin Wiedeking, however, a businessman who saved Porsche from financial ruin. Firmly supported by Piech's cousin, Wolfgang Porsche, Wiedeking made the Porsche and Piech families billions of dollars and led Porsche's acquisition of 51 percent of the VW Group. That's because the German state of Lower Saxony, where VW is based and employs thousands, owns 20.1 per cent of the company. A special law gives Lower Saxony veto power over VW decisions. Wiedeking vowed Porsche would make VW more competitive and ended silly vanity projects like the Phaeton luxury s...
..., looking to invest a few billion petrodollars in a stable, well-run company. Watch for Qatar to ...
SOARING high above northern Venezuela's verdant Mount Avila one day, President Hugo Chavez looked down from his helicopter and saw a city: a new, "socialist" metropolis that he would bulldoze out of the tropical forest and populate with the denizens of Caracas's overcrowded slums. It would be a beautiful place, with shopping malls, parks, schools and enough neat, four-storey apartment blocks to house 100,000 people. Chavez even dreamed up a name for this utopia, Caribia. He gave the order, and construction began. Crews broke ground just over a year ago, reports The Washington Post's Juan Forero. Architecturally and ecologically unsustainable, high modernist projects always collapse of their own weight sooner or later. As [James C. Scott] writes, "the history of Third World development i...
... if the government spent some of its petrodollars on improving the drainage system and making other ...
This weekend at a summit in Paris, France's president, Nicolas Sarkozy, wants to heal the rift. Some 40 heads of state and government from the EU and the southern and eastern Mediterranean will meet to create a new club, called the Union for the Mediterranean. The EU is not free of troubles either. Those who favour Turkey's membership of the EU fear that Club Med is designed to fob it off with second-class citizenship. At first Sarkozy schemed to include only the EU countries with a Mediterranean coast -- a ploy to create a French-dominated counterbalance to the apparently German-dominated east. After a vicious row with Angela Merkel, Germany's chancellor, Sarkozy agreed to include the entire EU. That was right, if only because Germany pays much of the EU's bills.
... aerospace parts; Arabs are spending petrodollars on property and construction; Brazilians are inves...
... cope with the growing stream of petrodollars. In recent years it developed a typical "Dutch dis...
.... (23) Petrodollars floated the economic dimension of the Khatami refo...
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