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...surrendered to the government in 1998 but had been allowed to live in quiet retirement with his wife in a region that was a communist stronghold until the mid-1990s. After being arrested and fingerprinted, Nuon Chea was helped into a helicopter as local villagers raised their arms to bid their former leader goodbye and to wish him good luck in his trial...
...interbank lending market will make it more difficult for Northern Rock to finance new mortgages at competitive rates. And with its share price still in tatters, it could soon find itself bought out by rivals. (Its stock slumped again on Sept. 19, amid rumors of an imminent takeover bid.) Are other British banks similarly vulnerable? Less so, since they never relied on the credit markets to the degree Northern Rock did. Even so, "we'll see a slow pull back" in their reliance on other banks for cash, reckons BGC Partners' Wheeldon. Looking at the consequences of Northern Rock...
...comparatively lax disciplinary standards.This is not to say that the government should never contract out services to the lowest bidder in order to streamline operations or increase capabilities at home or abroad. But Blackwater’s contracts in Iraq alone, which total $800 million, were mostly no-bid contracts granted by the Department of Defense. Blackwater also holds similar contracts to provide its services in Afghanistan, and it worked for both the U.S. government and private individuals to protect buildings and provide relief in New Orleans in the wake of Hurricane Katrina.And Monday’s incident...
...site is terrible and in dire need of fixing.” Petersen, who himself referred to the overhaul of the Web site as “a priority since day one,” first issued a request for proposals for the new site in June, receiving five bids ranging as high as $35,000. Tina Ye, a Tufts senior, was awarded the contract—$1,500 to be paid in two installments—after proposing the lowest bid. Ye said yesterday that her ability to do the project so cheaply stemmed from the fact that...
...Over the past seven years in office, President Chen Shui-bian has pushed an agenda focused on a sovereign Taiwan independent of Beijing, which considers the territory an inseparable part of China. But Chen's latest political gambit, a public referendum next year on the island's bid for membership in the United Nations, has done more than elicit sharp criticism and veiled threats from China. It's also caused frictions with its main military defender, the United States...