Word: transoceanic
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...violent intimidation against MDC supporters following two opposition-led nationwide strikes. Standoff Ends nigeria Striking Nigerian oil workers began releasing some 300 hostages held for two weeks aboard four offshore oil rigs. The crisis ended after an agreement between the oil workers' union and the rigs' owners, U.S.-based Transocean company. Hostage taking is not uncommon in the Southern Niger Delta, where much of the population remains extremely poor despite the country's vast petroleum resources. Race to the Finish argentina Presidential hopefuls Carlos Menem and Nestor Kirchner kicked off their campaigns for the May 18 runoff after leading...
Hastily summoned to Nassau last week, Gramco's directors assembled in marathon meetings, occasionally sending out for hamburgers and Chivas Regal. Meantime, employees at Gramco's mock colonial headquarters fended off a flood of transocean phone calls from anxious shareholders in many far-off countries. Emerging from one meeting, Vice President Joseph Jordan delivered a pep talk to worried USIF salesmen. "We are solvent," he said. "If we have to, we'll clear the deck-tighten our belts, cut officers' salaries, drop employees. I get nothing. The shareholders will get paid." That, of course, remains...
MARTIN'S LAST PLANE, a flying boat, was delivered to Navy. The nation's oldest planemaker, which pioneered amphibians, aerial bombing and transocean airliners (the China Clipper), started shifting to missiles eight years ago, is now nation's largest missilemaker...
...Phone. A plane-to-shore telephone service for passengers was started on international flights of El Al Israel Airlines. Toll: usual transocean rates...
DISPUTED RULING by CAB allows financial Wheeler-Dealer Floyd Odium's Atlas Corp. to control West-Coast-based, non-sked Transocean Air Lines while it already controls Northeast Airlines. In a 4-1 opinion, CAB declared Odium violated Sherman Antitrust Act, but said illegal action was "outweighed by public interest...