Word: businessmen
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...flying single-engine planes rose 6% this year through Nov. 2, compared with the same period last year, to a total of 58,747. While no one tracks the number of executives among those students, the National Business Aviation Association, a nonprofit group, says that since February, 6% more businessmen are flying themselves in their own planes or ones they rent. Says AOPA's Boyer: "More and more executives are treating planes like a personal car used for business...
...Cynics say Chief Executive Tung Chee-hwa's administration is plagued by an intelligence gap-government officials are simply not up to the job and, lacking any experience of elective office, have little idea how to communicate with the public. Another view is that the highly paid bureaucrats and businessmen who now lead Hong Kong are far too concerned about how they are perceived in Beijing and not sufficiently bothered about local public opinion. Both views add up to a sense of continual official bungling, underlined by a failure to appreciate just how this fecklessness causes communal disquiet...
...back to the wall," Merkel said. Schröder will have to do better if he wants to stem the tide of departing Mittelstand businesses. One place to start: a planned increase in employer pension and health-insurance contributions, due to take effect next year, that has many businessmen considering a move. A late November poll by an association of entrepreneurs found that 7.4% of the 300 companies surveyed had already decided to set up their production facilities abroad, while another 32% are "investigating" a transfer of their factories. Tens of thousands of production jobs have already migrated from Germany...
...Prime among them is likely to be Saudi Minister of the Interior Prince Naif. Another likely target is the Saudi American Bank (SAMBA), the kingdom's second largest financial institution, which is partly owned and managed by Citibank. The list will also include prominent Saudi charities, financial institutions and businessmen, notably Mohammed al-Amoudi, the multimillionaire owner of a lavish Addis Ababa hotel where Treasury Secretary Paul O'Neill and rock star Bono stayed this year while on their African tour. Al-Amoudi has repeatedly denied any links to terrorism...
...Businessmen like I Made Wiranatha, owner of several small hotels and the other destroyed nightspot, Paddy's Bar, agree with that approach. "Sari and Paddy's were just buildings," he says. "The spirit, the culture and the beauty of the island remain the same...