Word: agreement
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Dates: during 2010-2019
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...Mosley was set up and photographed during a pay-for-pain session with several prostitutes. The pictures were duly splashed across a British tabloid. Mosley sued for invasion of privacy and won, but his moral authority was crippled. "We were within a whisker of reaching a spending agreement in 2008 when Max took the hit," says Adam Parr, who heads the venerable Williams F1 team. "After that, we never managed to get the last piece of the puzzle in place...
Toward the end of last season, Mosley and the teams finally compromised on something called a Resource Restriction Agreement that takes effect this season. It isn't a cap, but it clamps down on runaway costs like wind tunnels and in-season testing. The big teams can still outspend their smaller rivals on, say, computer simulations, but just about everything in F1 is downsizing. It's now possible to field a respectable team, if not a winning one, for $100 million a season. New FIA president, former Ferrari manager Jean Todt, has pledged to bring costs down further...
...backroom bipartisan deal. Dodd tried anyway - first with Richard Shelby, the ranking Republican on his committee, and after that crashed and burned, with Corker, a junior member of the committee who seemed more open to a compromise. Over the last several weeks, they did manage to reach agreement on some less controversial elements of reform, such as systemic risk regulation and rating agency liability, but it was never clear how they would bridge fundamental differences like the consumer agency, derivatives regulations and shareholder protections. When I spoke to Corker last month, he suggested that Obama's relatively modest proposal...
...waters this year, an increasing number of illegal arrivals that has become a fire-hot domestic issue that could hurt Rudd's popularity during an election year. Yudhoyono announced during his visit that people-smuggling would now be punishable with a five-year sentence in Indonesia, and a new agreement to combat the practice was signed. The two leaders also announced increased collaboration in other areas, including fighting terror and transnational crime, and will hold annual meetings between MP's to maintain relations. The two countries made no leeway on a free trade agreement, which was discussed during Yudhoyono...
...peace process largely to prove a point. For the Palestinians and their Arab backers, who have given the latest round of talks just four months to produce results (a deadline not endorsed by the Obama Administration), their purpose is to demonstrate to the U.S. that no credible peace agreement can be achieved with the hawkish government of Prime Minister Benjamin Netanyahu and that creating a viable independent Palestinian state requires that the Americans press the Israelis to do things they're not going to do voluntarily. Setting conditions and deadlines is a way for Palestinian Authority President Mahmoud Abbas...