Word: bidness
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Dates: during 2000-2009
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...report by the Rand Corp., a U.S. think tank, advised Western governments to "harness" Sufism, saying its adherents were "natural allies of the West." Along similar lines, the Algerian government announced in July that it would promote the nation's Sufi heritage on radio and television in a bid to check the powerful influence of Salafism, a more extreme strain of Islam that is followed by al-Qaeda-backed militants waging a war against the country's autocratic state...
...track arms supplied to India to ensure that they are not sold or otherwise given to third parties. This agreement, required by U.S. law, enables U.S. companies to sell high-tech military equipment and technology to India, immediately benefiting Boeing and Lockheed Martin, which will be able to bid for contracts to supply 26 fighter jets to India for a $10 billion deal. (See pictures of Hillary Clinton's nomination campaign...
...Chinalco's Failed Bid Re Bill Powell's essay "Foiled Again" [June 22]: I don't know if I am disappointed at the failure of the proposed deal or the hidden political criticism of China. But I do bet the political tension will never ease when it comes to China. The essay is right to question whether the result would have been different if the deal was proposed by a private company in the West. I believe the root of the problem lies in the differences between capitalism and communism. I have spent 30 years of my life living...
...Nevertheless, now that the parliament has backed the E.U. bid, Iceland's application is expected before the end of July. The European Commission could rush through an official positive opinion in six months, which would make Iceland a formal candidate by early 2010. The actual entry talks could take another year, or two. At the same time, Iceland would have to amend its constitution. (See a video on Iceland's financial collapse...
...arrests come weeks after the collapse of a bid by Chinalco, a state-owned Chinese aluminum manufacturer, to invest $19.5 billion in Rio Tinto. That timing prompted some observers to suggest that the arrests were retaliation for the spurned investment. (Read "Another Deal Blown, Where Will China Invest...