Word: clout
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Dates: during 2000-2009
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...price increases. The deal could give Chinalco, which already owns 9.3% of Rio, better access to the company's choicest deposits of copper, iron ore and bauxite. The secretary-general of China's Iron and Steel Association, Shan Shanghua, has already hinted that Chinese buyers could have some additional clout. This rankles some of Rio's major shareholders. "It's up to Rio to convince us that this does not transfer key pricing power over a key commodity to a big customer," says a large institutional shareholder. Chinalco has tried to allay such fears, and Chinalco president Xiong Weiping says...
...this year's Final Four spending won't even stay in the country. More than half of the several thousand college basketball coaches who flock to the Final Four for their annual convention will be lodging across the river - and border - in Windsor, Ontario. Don't underestimate the financial clout of the coaches, who wander around the host city in their schools' sweat suits (Look, there goes Coach K from Duke! And over there, an assistant coach from Le Moyne!), angling for job gossip and drinking lots of beer. We're talking buckets of beer. And since both Detroit...
With more viewers drifting to cable and going online, the formerly mass networks are losing money and cultural clout. Next fall NBC will give Jay Leno five hours of prime time a week because he's cheaper than producing Medium. Programmers and cultural critics are warning of the end of the mass-media era, when shows from I Love Lucy to Seinfeld joined tens of millions of Americans in a common experience...
...designate Morocco a major non-NATO ally. King Mohammed VI is generally pro-West and viewed as a reformer. A speech in Rabat would resonate especially with North African nations like Algeria and Tunisia, where fundamentalism and terrorism are on the rise. But Morocco does not carry much clout in Islamic affairs. If Jakarta is too far east from the Muslim mainstream, then Rabat is too far west. (Read "Morocco's Gentle War on Terror...
...Iraq's 18 provinces, including Kurdistan - the semiautonomous three-province Kurdish region in the north - much to the chagrin of the federalist-minded Kurds. At the provincial level, newly empowered hard-line Sunni groups like al-Hadba in Mosul, Nineveh's capital, are preparing to expand their political clout. (See a TIME photographer's diary of the Iraq conflict...