Word: easts
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...Just ask English club West Ham United. Asset-management company CB Holding took over the East London club earlier this week, after its Icelandic owner and chairman Bjorgolfur Gudmundsson lost his trousers in the credit crunch. Iceland's Straumur Bank, CB Holding's major shareholder, is itself in the midst of restructuring after being bailed out by the Icelandic government in March. In Spain, once mighty Valencia is effectively controlled these days by local lender Bancaja, its major creditor, after hapless management and a soured stadium-development plan left the club about $725 million in debt. (See pictures...
...small group of Guantánamo Bay detainees, life is moving from one island paradise to another. The United States announced Tuesday that it will transfer as many as 17 Chinese Muslims from the Cuba prison to Palau, a small Pacific island nation 500 miles east of the Philippines. While finding countries willing to take Guantanamo detainees has been daunting, the task of finding a new home for the seventeen Uighurs - a Turkic ethnic group from northwestern China - has been one of the most delicate. Thanks to conflicting rulings by U.S. courts, the Uighurs are stuck in legal limbo; meanwhile...
SACRAMENTO, Calif.—After 106 years, the time was ripe for a change. For the first time ever in its long and storied history, the 2009 Intercollegiate Rowing Association Championships was moved from its usual east coast location to Sacramento, Calif., where the nation’s top crews duked it out from Thursday through Saturday. The 2000-meter Lake Natoma course played host to five men’s heavyweight events (a reduction from previous years) as well as a men’s and women’s lightweight competition. Also making its first appearance...
...five-night program, which, as its name suggests, is designed to renew your sense of well-being, includes daily hikes, yoga, meditation, nutritional tips and three complimentary spa treatments, as well as personal consultations with the spa director. Rates start at $1,500 per person including all meals. 352 East Meadow Drive, Vail...
...Meanwhile, there was a strong showing from some of the country's smaller parties. The Green Party won 12% of the vote, and the Left Party, successor to East Germany's Communist Party, took 7.5% of the vote. But the real winner was the pro-business Free Democratic Party (FDP), which won its best-ever result in a European election, with 11% of the vote. The FDP, under its outspoken leader Guido Westerwelle, is Merkel's preferred coalition partner. Their combined results leave Merkel's Conservatives and the FDP just short of the 50% they would need in September should...