Word: drawning
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...Alitalia has been in need of a shakeup for years. The company hasn't turned a profit since 1999, forcing the Italian government to set up a series of bailouts that have drawn the ire of European Union competition regulators. In December 2006, then Prime Minister Romano Prodi put the government's 49.9% share of Alitalia on the selling block. Several potential buyers pulled out, and a takeover bid by Air France-KLM was blocked by the unions and the open disdain of then opposition leader Silvio Berlusconi...
...prolonged political crisis. Signed a week ago by Zimbabwe's autocratic president, Robert Mugabe, and his bitter enemy, opposition leader Morgan Tsvangirai, the deal has been hanging by a thread. If it holds, the Zimbabwe deal could be Mbeki's most enduring legacy, despite the criticism he has drawn for a policy of "silent diplomacy" that was seen by many to appease Mugabe. But it could also be his final defeat. The ANC says it wants Mbeki to continue his work mediating the conflict. With his authority now undermined, that will be no mean feat. Mugabe may well see Mbeki...
Finally, the report proposes developing a federal savings program for low-income families, in which the government would make deposits into an account which could only be drawn upon for postsecondary education...
...called subprime crisis began annihilating value on Wall Street and beyond. Fairly or not, the Blackstone stake has since become the symbol in China of a naive bunch of foreigners getting hooped by Wall Street sharpies. It's been the subject of withering public scorn in China and has drawn pointed private criticism from the highest levels of the Communist Party, banking sources in Beijing and Hong Kong have said. The message: Never again. All of which makes CIC's critics in China wonder why Gao, a soft-spoken graduate of Duke University's law school (class of '86), bothered...
...lack the strategic vision of Bismarck or the tactical genius of Talleyrand, but French President Nicolas Sarkozy is clearly drawn to the endless challenges of foreign policy. His rising popularity in France suggests that a majority of French citizens are pleased with their President's diplomatic record. They enjoy his charismatic presence on the world scene, reinforced by the beauty and distinction of his wife, Carla Bruni. Sarkozy's audacious Union for the Mediterranean summit in July 2008 in Paris, and his high visibility in his current six-month stint as President of the European Council, stand in striking contrast...