Word: decisional
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In the U.S., the question of whether some assets are too important to allow China to buy puts the interests of Congress against the interests of shareholders. PetroChina is paying a 24% premium to buy its new stake in Singapore Petroleum. If a Chinese firm offered a similar premium to...
President Obama aptly characterized the current recession recently as one caused by a "perfect storm of irresponsibility and poor decision-making that stretched from Wall Street to Washington to Main Street." Yet the Obama phenomenon could be brewing a more perfect storm, wherein an F.D.R.-L.B.J. - style government would promote...
In lieu of a marriage license, he and Hathaway have drawn up legal documents that grant them rights automatically afforded married couples, covering everything from child custody to property. And yet this arrangement still gives him some sense of freedom. "Every day we're making this decision and this commitment...
Indeed, a study published in the December Journal of Marriage and Family found that a man's involvement in his partner's pregnancy - trips to the doctor, childbirth classes, etc. - was the best way to secure his long-term dedication. Lead author Natasha Cabrera of the University of Maryland says...
Iran insists its nuclear intentions are confined to generating electricity, but the concern of the U.S. and its allies is that the infrastructure of a civilian nuclear program - particularly uranium enrichment - puts a nuclear weapon within short-term reach should Iran decide to assemble one. (Israel and U.S. believe that...