Word: deale
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Dates: during 2000-2009
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...safe havens like the U.S. dollar. Experts have since engaged in a rabid round of speculation over what the Dubai debt crisis might mean for the world economy. Some see the problem as little more than a big real estate bust. "I don't see what the big deal is," Willem Buiter, economist at the London School of Economics and Political Science, wrote bluntly. Others see the Dubai crisis as the potential flashpoint for a new stage of the global crisis, a sign that heavily indebted sovereign states might begin having trouble financing their deficits, or that investors will reassess...
...December, nearly doubling the gas trade between the countries to 700 billion cubic feet a year. Because Iran already has one of the world's largest gas reserves, most of the imported Turkmen gas would be resold for profit. Not to be outdone, China signed a 30-year deal with Turkmenistan in June to buy up to 1.1 trillion cubic feet of Turkmen gas annually, starting in 2011. Work is expected to be completed on a 4,300-mile-long pipeline connecting Turkmenistan and western China in December. ("How Badly Would Sanctions on Gas Imports Hurt Iran...
...time progressed, there was little sign of preparations for those elections. Then came the bloodshed at the stadium. And in October, the junta announced a massive deal with a group called the China Investment Fund (CIF), which promised to fund $7 to $9 billion worth of infrastructure projects in Guinea in exchange for bauxite and iron mining concessions. (Guinea has some of the world's largest bauxite deposits.) Idrissa Cherif, Camara's spokesman, says the first batch of Chinese money has now arrived and will be spent on "electricity, water, roads and the like." (See life on the Streets...
...ballot but are not given a serious chance of winning. Office worker Walter Garcia said he won't vote for any of them, as a protest. "Why should I vote if the president I elect can be taken away at gun point? he said. (Read "Troubles for a Deal - and for Obama - in Honduras...
...ruled that the 2007 State of Emergency declared by former president General Pervez Musharraf in November 2007 had been unconstitutional and illegal. The amnesty that spared Zardari having to face charges was issued by Musharraf as part of a last-ditch attempt to hang onto power by cutting a deal with Zardari and his late wife, the slain former Prime Minister Benazir Bhutto, who also faced corruption charges. (Zardari had previously served two stints and a total of 11 years behind bars, having been arrested, although never convicted, under former Prime Minister Nawaz Sharif, released when his wife came...