Word: waterlow
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...based International Energy Agency predict that oil demand will ease off this year with weaker economies in the United States and Europe. But while Americans and Europeans wince these days while filling their tanks, people in China and many other countries buy gas at heavily subsidized prices, says John Waterlow, an analyst at Wood Mackenzie, a business analysis firm headquartered in Edinburgh. "It is not being sold at market rates," he says. Meanwhile, with the high prices in the United States - still the world's biggest consumer of energy - oil companies are finally scrambling to lock in exploration contracts...
That new oil could take years to start flowing. And so oil prices are likely to remain high for years, and "could go higher, at least temporarily," says Waterlow. He says that if prices continue rising OPEC ministers will need to calculate whether to increase production and help avoid a deep U.S. recession - one lasting enough to ripple across the world, and hit its new oil-hungry customers in Asia. Until then, investors are likely to keep speculating on high-priced oil, and Al-Naimi, Khelil and others will hold the line, no matter the appeals from Washington...
...Spanish and not dead is Maurice Utrillo and last week under Britain's stringent libel laws he brought suit against the Tate Gallery, its director, James Bolivar Manson, and the former Lord Mayor of London, Sir William Waterlow, whose firm had printed the catalog. The Tate Gallery's smart lawyers quickly ap peared before the Master in Chambers and obtained an Order for Security Costs, which means that Plaintiff Utrillo must deposit a bond showing that he is able to pay the costs of the trial before his case can be heard. Even so, lawyers knowing the history...
...April Fool's Day this year, the British Minister to the Kingdom of the Hellenes, dignified Sir Sydney Waterlow, whose rich relatives make stationery for King Edward VIII and British Government departments, was announced to have called upon Greek War Minister General John Metaxas and sternly inquired how things were getting on-particularly the rival British and German bids to build for Greece four destroyers. Last week General Metaxas, who has since become Premier of Greece, threw $13,500,000 of armament orders to Germany...
...exchanging cables privately with the head of another group of Greek Royalists who want parliamentary government instead of Kondylis' Dictatorship. They are headed by onetime Premier Panayoti Tsaldaris. Last week in Athens a frequent caller at Tsaldaris' house was Britain's Minister to Greece, Sydney Philip Waterlow. Slowly it dawned on General Kondylis that he, pro-Italian, Dictator and Kingmaker, had made the worst possible choice of King for his purposes. Of mixed Danish-German-Russian royal blood, George II may not be brainy but he has a great deal of what it takes to be King...