Word: coal
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...manager of the holding company Groupe Tapie, which had profits of $45 million on sales of roughly $1 billion in 1985, Tapie was the son of a pipe fitter in the Paris suburb of La Courneuve. As a teenager he helped support his family by hauling burlap sacks of coal. Tapie first went into management consulting, but soon began starting new companies. His first few ventures failed disastrously, but in the late '70s he suddenly discovered his forte: rejuvenating bankrupt businesses. Thanks to his talent for turnarounds, Groupe Tapie, which turns out bicycle parts, designer clothing and dozens of other...
...year before the Three Mile Island accident. In the aftermath of Chernobyl, moreover, the prospects for nuclear energy have become even bleaker. And yet, say many experts, there is no long-range alternative. The oil crisis has receded but is likely to become a problem again within decades. Coal is still plentiful, but its consequences -- air pollution, acid rain and the threat of global warming caused by the greenhouse effect -- will limit its use. "I'm very concerned about our energy future," says Lyle Wilcox, the Department of Energy's Deputy Assistant Secretary for Nuclear Reactor Research. Without nuclear energy...
...technical challenges were also substantial and often without precedent. Who knew, for instance, how to remove built-up layers of paint and coal tar from the statue's delicate 100-year-old copper interior? The Lehrer-McGovern construction-management company has had to manage a considerable logistical feat: on Liberty Island alone, they coordinate the work of four different architectural and engineering firms, dozens of individual contractors and, during the 2 1/2 years of construction, some 500 craftsmen and hard-hat workers...
...establishing a dialogue between the country's government officials and black leaders. The Europeans also declared that in three months they will decide on "further measures" that might be needed, including a ban on new investments in South Africa and a curb on the import of South African coal, iron and steel, and gold coins...
Most of the argument against sanctions is based on South Africa's relative strength. The country produces much of what it needs, including armaments, nuclear power and more than 50% of its oil through a coal-liquefaction process. Three of its leading exports--gold, platinum and diamonds--are rare and easy to sell. Others, such as chromium and manganese, are in high demand for strategic reasons. Yet it would be wrong to conclude that South Africans are unconcerned by the debate: a recently published opinion survey of the country's whites showed that 71% believe the South African economy...