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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Current price of oil as of June 10, 2026

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

3

Current price of oil as of June 10, 2026
Eurocrisis

The great Mediterranean executive migration

By
Charles P. Wallace
Charles P. Wallace
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By
Charles P. Wallace
Charles P. Wallace
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January 27, 2012, 5:00 AM ET

FORTUNE — Given the troubles in the eurozone, it’s little wonder that the number of executives in Greece and Italy seeking jobs elsewhere in the world is rising. According to the Cyprus-based firm One Hour Translation, the volume of résumés it translated from Greece and Italy rose sharply last year — by 29% and 54%, respectively. The majority of the job applicants wanted their résumés translated into English or German, presumably because that’s where the high-paying jobs are. The question is, If these job aspirants have such lousy language skills that they need their résumés translated, how do they hope to get through an interview, let alone work in these other countries? —
Charles P. Wallace

This article is from the February 6, 2012 issue of Fortune.

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