Word: control
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Dates: during 2000-2009
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...Areva's rise was built on that national commitment, but the company has also benefited from the ambitions of Lauvergeon, who, as a member of France's civil-service élite, first gained public attention as Socialist President François Mitterrand's sherpa during the 1980s. After taking control of the key state-owned nuclear companies, she merged them to create Areva eight years ago. Her early success in convincing foreign clients that nuclear was the power source of the future earned her a remarkable degree of independence from political meddling. "If you look at what she's done...
Most Australians know very little about Somalia and even less about the al-Shabaab group that has been fighting for control of the war-torn African nation since 2006. But on Tuesday, Aug. 4, they quickly began to learn the pronunciation of the Somali terrorist group's name. Just before dawn, approximately 400 police from state and federal departments fanned out across Melbourne and its southwest, raiding 19 properties and arresting four men and questioning others. The police claim they had foiled a suicide plot by Al-Shabaab supporters to storm a Sydney military base and kill as many soldiers...
...seek to tie his hands. But there is a move afoot at the conference to take down Abbas' national-security adviser, the Bush Administration's favorite strongman, Mohammed Dahlan. The conference will hear proposals for an investigation into the events that saw Hamas eject Fatah forces and take control of Gaza by force in 2007 - with many blaming Dahlan for having at least partly provoked the takeover. Demanding an inquiry and targeting one of his key allies is seen as another means of weakening Abbas' authority. A second target will be Prime Minister Salam Fayyad, a political independent appointed...
Abbas is likely to fight back fiercely, seeing the conference as integral to maintaining his prestige. Critics within Fatah have complained about his decision to hold the event in the West Bank, which remains under Israel's control, giving it veto power over which delegates from abroad will be allowed to attend. Many Fatah members in Arab countries and even some in Gaza have challenged the decision to hold the event in Bethlehem, and Abbas has also been accused of summarily expanding the delegate list to boost his support. The debate at the conference will certainly be intense...
...false alarm. Rumors had swept the trading floor that China was going to tighten money supply. That night, the central bank reaffirmed its loose monetary policy that is meant to support economic growth and pledged to refrain from imposing loan quotas to control bank lending. The next day, the Chinese banks that were said to be cutting back on credit denied they would do so. On July 31, the Shanghai index rebounded 2.7%, the biggest rise in two months; China stocks in July rose 15%, the largest monthly gain since 2007. (See pictures of China's infrastructure boom...