Word: augustness
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...Whatever the reason, MC Jin, as he's known professionally, has lost no time making his mark. In August, Universal Music released the Cantonese-language ABC - an exploration of Jin's experiences as an American-born Chinese. The album's launch was held at a Hong Kong teahouse...
...night of August 7, with most Moscovites vacationing at their dachas and Russian prime minister Vladimir Putin on his way to Beijing for the Olympic Games, Georgian troops attacked South Ossetia in an attempt to reestablish control of the region following a succession of clashes between Georgian troops and separatist forces...
...hasn’t acted aggressively to reassert itself as the dominant regional power. In 2006, to cite just one example, Gazprom, Russia’s state-controlled gas conglomerate, cut off supplies to Ukraine to influence domestic Ukrainian politics. But Russia’s actions toward Georgia in August cannot be viewed in a simplistic framework of unilateral Russian bullying...
...Because many other Asian countries are growing at least three times as fast, most analysts view Nomura's acquisition of Lehman's Asia assets for $225 million as a steal. MUFG, too, was already looking beyond Japan for growth. In August, it paid $3.5 billion to buy the remaining 35% of Union Bank of California that it didn't already own. Union Bank of California has a relatively healthy balance sheet and its stock is undervalued, analysts...
...August 2007, two internal hedge funds, intended to take bets in the subprime mortage market, collapsed, despite being provided with $3.2 billion by Bear CEO James Cayne to bail out both the funds. After the collapse of the funds, Bear continued to lose money throughout the fall and winter, as the value of mortgage-related assets continued to deteriorate...