Word: abu
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...Jolo Island, in the southern Philippines, were woken by footsteps and muffled hoofbeats. Peeking out in the dim light, they saw dozens of heavily armed men marching past their houses. One was on horseback. With a pang of fear, some villagers recognized him: Khaddafy Janjalani, leader of the Abu Sayyaf terrorist group and one of Southeast Asia's most wanted men. They had seen his face in posters advertising a $5 million reward for his capture...
...Jolo, the island's main town, where he alerted military officers to the terrorists' route and their likely destination. The next day a Philippine marine reconnaissance platoon ambushed Janjalani in his jungle hideout, killing the al-Qaeda-linked terrorist and delivering what authorities believe was a crushing blow to Abu Sayyaf's morale...
...today Chief, wearing sunglasses and a baseball cap as his only disguise, is sipping a soda at the home of a Filipino general on Jolo Island, not far from his village where he still lives. For the authorities, Chief's decision to stay is one of many signs that Abu Sayyaf is on the run. "They suspect me, definitely," he says of the Islamist group's dwindling membership. "They have tried to kill me. But I never thought of leaving Jolo. I know the armed forces will protect me. And if I leave, the terrorists will suspect me more. They...
...find it hard to work themselves into a panic over Norway's Government Pension Fund-Global. That's not to say it's lacking in clout. With assets of $382 billion at the end of March, it's the world's second-largest sovereign wealth fund, trailing only the Abu Dhabi Investment Authority, which weighs in at about $875 billion. Norway's fund, flush with money from the nation's oil and gas, has stakes in 7,000 firms - from Google to Goldman Sachs, Deutsche Post to PetroChina. Astonishingly, the fund now owns about 1% of the entire European stock...
...clearly defined. Such measures have made the fund the industry's gold standard. In a recent study by the U.S.-based Peterson Institute for International Economics, Norway's fund scored 100% for governance, as well as accountability and transparency. The Government of Singapore Investment Corp. averaged just 40%; the Abu Dhabi Investment Authority trailed with...