Word: bidness
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...shopping spree triggered by their access to cash and an eye to assets in other parts of the world beaten down by the recession, the fight over whether some assets are "too big to be bought" is heating up. There have been rumors that Chinese car companies might bid for auto brands in the U.S. and Europe. China's sovereign fund may be a bidder for AIG's (AIG) huge airplane lease division ILFC...
...also lost its bid to convince Russia that a consortium to manage Ukraine's pipeline system should be exclusively controlled by the E.U. Another sticking point was the Energy Charter Treaty, adopted in 1991, that integrated the energy sectors of the former East Bloc into Europe. Russia has sought to "ensure that the Energy Charter ceases to be the basis for the energy dialogue between the E.U. and Russia in the future, and to emphasize the need for new ad hoc arrangements in the format proposed by Russia," says Dmitry Orlov, head of the Agency for Political and Economic Communications...
...final meaning of the Latin valere: valeo iubere, I bid you farewell...
...continue Uribe's national-security policies. Chief among them is Defense Minister Juan Manuel Santos, who oversaw a series of battlefield triumphs including last year's commando raid that rescued 15 guerilla-held hostages. Santos will step down at the end of the month to launch his own presidential bid but said he would pull out if Uribe is allowed to run. The reason? Opinion polls show that in a head-to-head contest, Santos would be trounced by his former boss...
...Prabhakaran's trusted lieutenants - intelligence head Pottu Amman and Sea Tiger leader Soosai - were also killed in the ambush. "LTTE terrorists made their final bid to evacuate its leaders early this morning as army élites pierced in to the last remaining LTTE foothold last night," the Defense Ministry said in a statement later in the day. "The terrorists managed to take hold of two vehicles and [are] believed to have put their senior leaders into those vehicles before they started moving northward." (See pictures of Sri Lanka's rebel-held territory...