Word: arens
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...debt. Citigroup said no and offered instead to write off $1.56 billion in debt in return for controlling ownership of the company. Hands refused and then sued Citigroup, claiming the bank had persuaded him to pay too much for EMI in the first place. Now the two sides aren't speaking. Hands says Citigroup is playing "hardball for no good reason," while the bank feels that Hands is being unrealistic in his demand to remain in control...
...politics. In a bid to foster unity, South Africa's ruling party has introduced 19 leather jackets in black, green and gold, its official colors. But while President Jacob Zuma sported a similar look at the ANC victory party following last year's election, the jarring neon threads aren't catching on. In a poll by South Africa's Independent Online, 86% of respondents said they wouldn...
...campaign in a week, and it will be something we're going to build on. Our job is to make sure that people get what this stands for: more choice, more control than anybody else in the marketplace. So we're going to build on this. And people who aren't there right away, we're going to try to win them over." (See pictures of the history of in-flight entertainment...
...take the road to Damascus, he will want more than just Arab hospitality when he gets there. He'll expect Syria to distance itself from its old friends in Hamas, Islamic Jihad and Hizballah and will hope to coax Assad away from his alliance with Iran. But the Syrians aren't in such a hurry. While Damascus might be ready to recognize Israel if it hands back the Golan Heights region captured from Syria in 1967, it reserves the right to support Palestinian and Lebanese militants as long as Israel occupies Palestinian and Lebanese territory (the latter being a reference...
...despite the gruesome executions that sometimes happen when ransoms aren't paid, African officials have urged Western governments not to encourage hostage taking by rewarding it. Last September, Algerian President Abellaziz Bouteflika asked the United Nations to adopt an international ban on paying ransoms, which he called "the biggest source of terror financing today." Still, with the clock ticking for the hostages now in AQIM's hands, the decision for Western leaders grows more difficult...