Word: dealing
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Dates: during 2000-2009
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...while Citi Holdings, in which Citi has stuck its mortgage loans, is still in bad shape, Citi officials say Citicorp, which the bank calls its "core" investment bank and its retail bank divisions, is on the mend. Later this week, Citi plans to complete the first stage of a deal to swap a large chunk of its preferred shares for common stock, which will greatly improve the financial standing of the bank - though it will also more than quadruple the company's shares outstanding and result in the government's owning 34% of Citi...
...York prisons, like many nationwide, are facing budget cuts. Some jails have even cut back to two meals a day on weekends. What are some other ways the state is hoping to deal with the cutbacks? There's been some discussion about telephones and television and recreational activities, but you have to weigh the inactivity and violence that may take place if inmates aren't afforded these things. We're not trying to be draconian in the care of inmates, but understand: this is a punishment...
July has been a trying month for China's President, Hu Jintao. First he was forced to scurry home from Italy to deal with race riots in western Xinjiang province that left some 190 dead. His departure just ahead of the opening of the G-8 summit at which China was slated to play a key role must have been embarrassing. So unprecedented was the decision that it prompted some Sinologists to wonder whether a shaky political position at home was the real reason Hu decided to cancel. (Read "In China...
...north rejected that decision, threatening the peace deal. The region's most important city, also called Abyei, saw fighting last year that killed dozens of people and forced some 60,000 from their homes. Abyei also came to be seen locally as a symbol of the entire peace process: as goes Abyei, so goes the conflict...
...well and good, but few people are getting their hopes up that the Abyei deal is anything more than a tiny step. The north and south still disagree on a host of other issues. South Sudanese are losing faith in their own leaders, who are seen as corrupt. And looming in the background are nationwide elections in 2010 and then a 2011 referendum - to be held concurrently with the Abyei vote - in which south Sudanese will decide whether to remain a part of Sudan or become a separate country...