Word: dais
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Dates: during 2000-2009
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...nationwide elections for an independent government. But with the Cold War in full swing, the U.S. was furious at the French for setting up a Southeast Asian "domino" to fall to the communist bloc, and set about reversing the decision. And they found a willing partner in the Bao Dai government, later led by Ngo Dien Diem, which had been set up by the French in the late '40s as a palatable alternative to Ho Chi Minh, and which wanted no part in national elections which the communists were bound to win. Both Washington and Diem rejected the Geneva agreement...
...through town to the beat of indigenous Isaan music. An official ban on throwing water in Cambodia has failed to dampen festivities; traditional games are even played in the grounds of Wat Phnom temple in the capital. In Luang Prabang in northern Laos, elephants join the street processions. The Dai people in tropical Xishuangbanna in the southern Chinese province of Yunnan add flower displays, dragon-boat races and fireworks to the festival fun. Wherever you are, remember the wetter you get, the greater your luck in the coming year. So take the plunge...
...sacked Wang from his job as president of the China Construction Bank amid investigations into lending abuses during his tenure at the Bank of China (BOC). Although not yet charged with any crime, Wang allegedly oversaw millions of dollars in questionable loans made in China and abroad, according to Dai Xianglong, governor of the People's Bank of China, the country's central bank. Meanwhile, the U.S. Treasury Department reportedly is conducting an investigation into suspected wrongdoing at the BOC's New York City-based U.S. headquarters while Wang was in charge. The probe could cost the BOC millions...
...also awash in mergers, but with a difference. Instead of trying to compete with U.S. and European banks, the country's financial institutions are combining to avoid bankruptcy following a decade of recession and bad loans. Simple survival was the driving force behind the recent merger of Fuji Bank, Dai-Ichi Kangyo and the Industrial Bank of Japan, three laggard giants whose combined assets of $1.2 trillion make it the largest financial-services company in the world...