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...Analysts say the deal seems to fall short of a full merger. It appears that Porsche's car-making unit will not be sold to VW, but will retain some independence. And the rights issue will be dilutive to earnings because profit will be distributed among a larger number of shares. The uncertainty about the structure of the deal was fueled by comments from Bernd Osterloh, head of VW's works council, who said the two companies may not merge at all. (See pictures...
...however, may be Cutié's Oprah-like standing in the Latino community - the only demographic where U.S. Catholicism is experiencing growth. America's Catholic bishops, many of whom are widely accused of allowing the sexual-abuse crisis to happen, must realize that Cutié is more well regarded among Catholics than they are, especially among Latinos, meaning the hierarchy will probably need to handle the telepriest's future with special care...
...their dictionary. The influential GOP pollster and language guru has had a hand in framing the party's message since 1994's Contract with America, persuading Republicans to drop terms like "estate tax" and "oil drilling" in favor of the far more message-friendly "death tax" and "energy exploration" among other rebrandings. His latest project: the health-care debate. Relying on polling and "instant response dial sessions," Luntz penned a 28-page memo, leaked to Politico, giving Republicans the soundbites designed to spin them to victory. (See five truths about health care in America...
...civilians. And so the military is moving cautiously. Military officers near the combat zone say that they believe that Prabhakaran is very close, suspected to be holed up at Vellamullivaikal, deep within the 7-km-long sliver under the Tigers. There is one unspoken fear among them: what will the final Tiger strategy be? The Army is hoping for mass surrender, but bracing for the possibility of mass suicide. The world might not be present to see what happens...
Pakistan's President, Asif Ali Zardari, arrives at the White House on Wednesday as one of his country's walking wounded. Amid rising violence and turmoil, his popularity among his own people has hit rock bottom; political allies and rivals alike smell blood in the water; the country's military barely pretends to follow his instructions; the Taliban controls large swaths of his country's territory; and militant groups want his head - literally. So, can Pakistan's President expect some TLC in Washington? From the White House, perhaps, but Capitol Hill has little love left for Zardari...