Word: barreling
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...what may be the most strategically significant agreement of all: Beijing agreed to lend $15 billion to cash-strapped Rosneft, Russia's oil major, and another $10 billion to Transneft, Russia's biggest pipeline company. The loans will be paid off not in cash, but in crude - 300,000 barrels a day from the huge east Siberian oil field. That's about 4% of China's current total demand for crude, secured on very favorable terms. Over the 20-year life of the deal, Beijing will effectively be paying about $20 per barrel. Crude prices, which last summer peaked...
...setting, for starters, was no high school locker room at halftime, with sweaty teenagers scratching their gym socks. Robed Supreme Court Justices and barrel-chested generals sat in the front row at the U.S. House Chamber, a gold-encrusted place overflowing with political power. For a quarter-mile around, police stood shivering in the cold, watchful in clumps on street corners, stopping anyone who looked out of place. (Read the full text of Obama's speech...
...very badly right now. They resent people who appear to be living high off a system dominated by insiders with the right connections.” Considering the repeated labeling of the money allocated for the National Endowment for the Arts in the stimulus bill “pork barrel spending,” it’s a real fear that the people of the U.S. may refocus their ire, or at least part of it, from beleaguering the avaricious Wall Street charlatan toward berating that namby-pamby parasite, the artist...
...their haste to dodge Tokyo’s mistakes, Obama and his advisers are making their own. Thinking government must spend something—anything—to boost the economy, Democrats scraped the pork barrel for ideas: $650 million for digital TV converter box coupons, $150 million for Smithsonian museum facilities, $100 million for reducing the hazard of lead-based paint...
Every August, Nikolai Gusev juices hundreds of unwashed apples which grow at his dacha, west of Moscow. For a month he waits patiently for the juice to ferment and turn into a wine. He then distills the mixture, and stores the remaining liquid in a barrel for several months. The result is a highly potent drink (45% alcoholic), with an apple aftertaste which is the favorite tipple of his friends. "I had too many apples at my dacha and instead of throwing them away I wanted to do something with them, for me making moonshine is just a little...