Word: cements
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...tunnels to prevent Hamas from acquiring longer-range missiles - and has sought international cooperation to close the arms pipeline - but achieving that won't be easy. Israel's blockade has left Gaza's 1.5 million residents relying on the tunnels as their economic lifeline. Everything from medicine to cement to chocolate bars to lion cubs for the zoo has entered Gaza through hundreds of deep, sandy holes. Says Aymad, a tunnel digger who wears a Palestinian kaffiyeh wrapped around his head: "The Israelis destroyed dozens of tunnels, but many more are left undamaged, and as long as they keep...
...just market analysts who are hoping for a Nikkei rebound. Japan has a unique vulnerability to negative stock-price momentum. Cross-shareholdings, a mainstay of traditional Japanese business practice in which companies hold shares of other firms to cement friendly relationships, make stock-price losses a broadly shared pain. Not only are Japan's megabanks involved in cross-shareholding; auto and electronics manufacturers like Toyota, Nissan and Sharp are too. Companies and financial groups own about 20% of the shares on the Tokyo Stock Exchange...
...Germany The Financial Crisis Claims A Victim Adolf Merckle, a 74-year-old billionaire whose business empire included some of Germany's best-known cement and pharmaceutical companies, threw himself in front of a train on Jan. 5--driven to suicide, his family said, by the global financial crisis. Merckle had lost hundreds of millions of euros in a bad bet on Volkswagen shares, endangering the future of his companies as a result. A handful of other business leaders have taken their own life amid the recent economic downturn, including Kirk Stephenson, the London-based CEO of Olivant, who died...
...family company with just 80 employees in 1967. In the following years he transformed it into a vast corporate empire of 120 companies that generate revenue of some €30 billion, employ around 100,000 people and range in concerns from generic-drug maker Ratiopharm to Germany's biggest cement maker, HeidelbergCement. An unassuming lawyer, he was Germany's fifth richest individual and 94th on Forbes' list of the world's richest people, with a net worth estimated at nearly €7 billion ($9.2 billion...
...Obama, his wife Michelle and their daughters climbed over a stone wall to get closer to the water. The sun was out and the wind was blowing strongly. More than a dozen people headed over the wall and down the rocky shoreline with them. The ceremony appeared to further cement Obama's emotional ties to Hawaii. "In his heart and in his soul he is a child of Hawaii," says Andy Winer, the state Director for the Obama campaign. "This is where his roots are and where his values come from...