Word: clouts
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...Over the past decade, economists have been divided about the great Indian boom. For one party, the Indian economy's amazing growth rates indicate that the country is a nascent superpower - an America in the making. As evidence, they can point to the growing clout of Indian firms like Bennett, Coleman & Co., a privately owned Mumbai media conglomerate that recently bought Britain's Virgin Radio. For the other group of economists, the boom has been an illusion: the majority of Indians have been excluded from the growth, poverty has stayed stagnant, and India is still just a Sudan with...
...with politicians and competitors who accused him of building his empire through ruthless, anticompetitive practices. (As a Senator, Vice President Al Gore was quoted comparing Malone to Darth Vader.) But Malone's chief reason for merging may have been the simple realization that Bell Atlantic has the financial clout to help him build his cherished superhighway. For all of TCI's vaunted size, a fellow cable operator noted before the deal, ''John's still not half as big as any of the regional Bell companies.'' So deep are Bell Atlantic's pockets that it announced a $1.04 billion investment...
...life meeting took place only five blocks away from a hotel that was host to the annual convention of the National Organization for Women, one of the most vocal advocates of free choice. The two groups avoided any serious confrontations. The social agenda of the New Right has considerable clout within the G.O.P., and the right-to-life movement's passionate activists carry far more weight in the party's nomination struggle than their numbers would indicate. So the main Republican presidential hopefuls were already pledging their antiabortion allegiance. But where was George Bush? The Vice President had a good...
...immortals." He's chairman of the Society of Friends of the Louvre, a 111-year-old French association that helps finance some of the museum's acquisitions. Its popularity has been waning, but with 70,000 members, most of whom pay a $100 annual subscription, it still has some clout - even if it doesn't formally have any say in the way the Louvre...
...White House in 2000 that broadened McCain's appeal - and opened his eyes to his own potential clout. He ran as the candidate of reform - the anti-Establishment maverick - and while he lost, in the process he became the most popular politician in America. "That campaign changed him," says John Weaver, who was McCain's chief political adviser for a decade, until last summer when he left in a staff shake-up. "He became a rock star. On the trail he discovered all these new issues. How could he go back to the Senate and not talk about the need...