Word: amid
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...operations for the U.K.-based InterContinental group, which is among the most aggressive of the international players in China. It currently runs 54 hotels there, mostly under the Holiday Inn marque, and it plans to triple that figure by the end of 2008. Appropriately, Holiday Inn rose to prominence amid another boom, profiting from extensive highway construction across the U.S. after World War II. The chain started with four hotels in Memphis in 1952, expanding to about 1,000 by 1968. "We see the opportunity to replicate what happened in the U.S.," says McKenzie...
...boom in India. Entrepreneurs, engineers and stockpickers enriched by the nation's economic rise have discovered that abstract paintings can make for a good investment, and prices have soared for leading modernists like Tyeb Mehta, Ram Kumar and M.F. Husain. Until recently, though, Sher-Gil had been somewhat forgotten amid the excitement. Because her paintings were declared "national treasures" in the 1970s and cannot be taken out of the country, overseas Indians, the most lavish patrons of art, have avoided buying her works. All that changed in March, when an Indian businessman bought Sher-Gil's Village Scene...
...figure and of Gianni's younger brother Umberto Agnelli, both from cancer within a 16-month span, created the vacuum that forced Elkann - the eldest child of Gianni Agnelli's daughter Margherita and French-Italian writer Alain Elkann - to step to the fore ahead of schedule. He did so amid the company's two-year crisis that came, in 2002, from weak management and damaged brand image, and forced a €3 billion bank bailout to stave off potential bankruptcy. "If the situation had been different, I might have had more time to ease into...
CHARGED. Seven U.S. Marines and a Naval corpsman, from California's Camp Pendleton Marine base; with the kidnapping and murder of an unarmed Iraqi man who was pulled from his home and shot as troops sought insurgents in the city of Hamandiya; in Washington. The charges came amid an investigation into alleged murders at Haditha by other Marines--and in the same week that the Pentagon announced charges against four Army soldiers in the murder of three Iraqi detainees in Salahuddin province...
...reason for the delay in Iran's response may be that its leadership is not nearly as monolithic or unified as is often portrayed. The debate over how to respond to the Western offer is being conducted amid a complex power struggle underway between Iran's firebrand president, Mahmoud Ahmadinejad, and more pragmatic conservative forces (including Larijani) that dominate in the unelected executive bodies that outrank the presidency...