Word: april
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...world's investment-fund industry. Only this time it's from Brussels. Fresh E.U. proposals would require hedge funds, private equity and a host of other alternative investment funds to meet tougher regulation before they can market to investors in the region. The legislation - tabled for discussion in late April in an effort to shore up investor protection while reducing risk - has attracted growing criticism. London-based AIMA, a global hedge-fund industry group, calls proposed disclosure requirements bureaucratic. Kinetic Partners, a consultancy for the U.K. hedge-fund industry, reckons meeting stricter capital requirements and risk-management rules could cost...
...long as I’ve been alive, he tried to fix my grandmother. Wihyun Yi: a name best sighed—and a woman who did just that for the 20 years I knew her. She died this past April, and it was the first time I saw brokenness in my carpenter grandfather. The morning before the day she was due to pass, I awoke to the sound of grief: the slow shuffling of feet across the splotched carpet of a home for two, the heaving of cushions as a body sinks into them, and the breaking of noise...
...Prime Minister Stephen Harper, France's President Nicolas Sarkozy, Germany's Chancellor Angela Merkel, Japan's Prime Minister Taro Aso, Russia's President Dimitri Medvedev, U.K.'s Prime Minister Gordon Brown and the U.S.'s President Barack Obama in L'Aquila, the town hit by a horrific earthquake in April. But the G-8 summit is not, and never has been, the place to draft details on major policy initiatives. Rather, it is an opportunity to bring the big issues to the table, thus allowing the leaders to debate and deliberate them together. (See pictures of the deadly earthquake rocking...
ROME, Italy—Tomorrow, the G8 summit will convene in L’Aquila, the Italian city in the Abruzzo region that was destroyed by a horrific earthquake on April 6—a disaster that claimed 299 lives. Since April, the city has experienced at least half a dozen tremors (some of them quite significant), including three early this Monday morning and one Monday afternoon. Only two days later, the eight most powerful leaders in the world will meet there for two days. Almost everyone in Italy is asking him/herself the exact same question: Why? Why would...
...summit was originally going to be held in Sardinia on the island of Maddalena, in a beautiful seaside resort town. On April 23, less than three weeks after the earthquake that left tens of thousands homeless, Prime Minister Berlusconi announced that the meeting would be moved to L’Aquila. He said the purpose of the change was to divert funds away from preparing the lavish accommodations in Sardinia and towards the relief effort, as well as to bring international attention to the tragedy. Berlusconi’s critics suggested that the real reason for the move was that...