Word: attracted
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...frills carriers have also been helped by the changing attitudes of Asian governments. Instead of defending national-flag carriers, officials are clued in to the possibility that budget airlines can invigorate underused airports and attract much-needed tourist dollars. Singapore is considering building an entire new terminal as a hub for budget carriers, and other countries have been wooing no-frills airlines by reducing airport fees. In Kota Kinabalu, AirAsia took over a mothballed terminal, which now buzzes with five flights a day. Fernandes wants to expand the building and turn it into a hub for flights around the region...
Options are in the spotlight because earlier this year the Financial Accounting Standards Board voted to require companies to treat them as an expense, making clear a cost that had been relegated to the footnotes. The tech world, which claims it needs stock options to attract good employees, has led the opposition. No lesser lights than Warren Buffett and Alan Greenspan have endorsed expensing. Here's the rub: surveys show that if options must be expensed, nearly half the companies with broad plans will cut back grants to the rank and file, while only a handful will cut equity-based...
Despite al-Zarqawi's efforts to attract Iraqi insurgent groups into his network, his inner circle of lieutenants and bodyguards is said to consist entirely of foreign fighters. No one can pinpoint how many are operating in Iraq, partly because they remain shadowy even to those who work with them. "The foreigners trust no one, not even their own clothes," says an Iraqi resistance fighter. He adds that al-Zarqawi has become an inspirational figure, like Osama bin Laden, for militants who espouse his methods and religious fervor. "Most are not members of his group in a formal sense," says...
Nowhere does anxiety about al-Qaeda run higher than in the Saudi royal family. The Saudis need the expertise of Westerners to help develop the country's oil sector and attract investment. The latest violence could drive more of them away. The U.S. embassy has recommended that all Americans leave the kingdom. Many of those who are staying say they are growing beards and donning local robes to hide their identities. As for the Saudi leaders, a U.S. official says they do not yet face a direct threat to their rule. But, he says, "there could be a long period...
...these days, is organized crime?and small Pacific nations are increasingly vulnerable to its embrace. Lying between Asia and the rich markets of the United States, Australia and New Zealand, the islands are perfectly placed for transpacific smuggling. They're eager to attract tourists and investors, but their undersized police forces and outdated drug laws are easy to exploit. The Philippines, Guam, Palau and the Marianas have long been pit stops for drug traffickers, and police have warned for years that South Pacific states are also at risk. Transnational crime syndicates "are highly sophisticated and mobile," says Superintendent Larry Reid...