Word: phasing
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...initial phase of President Barack Obama's effort to jump-start the Israeli-Palestinian peace process called for confidence-building. While the results haven't exactly inspired confidence in its prospects, Obama may have no choice but to move forward. The President's Middle East envoy, Senator George Mitchell, is scheduled to visit the region during the week of July 20, amid reports that Washington is moving toward outlining a new negotiating process, possibly with fixed timetables for resolving issues. But the palpable distrust each side has shown of the other during Obama's initial mediation effort casts a pall...
...Christmas trees don't project the image of a humble party of the poor." The continual Christmas celebration is also symptomatic of a country "full of poets and surrealism," Carrion says. Sandinista lawmaker and union boss Gustavo Porras has no patience for such naysayers. "We are in the second phase of the revolution," he says, "and we are fighting the same enemies as always - the oligarchy and the gringos." Porras, an Ortega loyalist, is a main architect in the government's constant mobilization and celebration. He insists the streets of Nicaragua belong to the Sandinistas, and must be claimed...
...clarion call that the rank and file may have been hoping for, the notes of compromise struck by Rafsanjani made sense within the context of a power struggle at the apex of the Islamic Republic, according to Trita Parsi, president of the National Iranian American Council. "The phase we're in now is one where the different sides are trying to determine the rules by which they'll continue their political conflict," he says. "Remember, these guys are all in the same boat to some extent, all invested in the regime's survival. And if they keep this fight going...
...agreed to develop a medium-size oil field called North Azadegan - a deal worth about $2 billion. And last month, while demonstrators were fighting pitched battles with paramilitaries on Tehran's streets, Iranian oil officials flew to Beijing to negotiate a $5 billion deal with CNPC for the newest phase of Iran's huge South Pars gas field in the Persian Gulf. Pummeled by the drop in world oil prices from $147 per bbl. last July to about $64 per bbl. this week, "Iranians are feeling more and more of an acute need for capital," Downs says...
...before it can be considered a rival to Russia's supply. For a start, there is uncertainty about which countries will actually join the pipeline. Azerbaijan is the only country currently able to supply the 15 billion cu m a year the line needs to kick off its first phase. "We don't even have a map showing us which countries will be the sources and which will be the transits," says Ana Jelenkovic, an analyst at research consultancy Eurasia Group. (Read: "Russia-Europe Gas Spat Ends...