Word: eight
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Dates: during 2000-2009
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...benefited from the ambitions of Lauvergeon, who, as a member of France's civil-service élite, first gained public attention as Socialist President François Mitterrand's sherpa during the 1980s. After taking control of the key state-owned nuclear companies, she merged them to create Areva eight years ago. Her early success in convincing foreign clients that nuclear was the power source of the future earned her a remarkable degree of independence from political meddling. "If you look at what she's done since taking her job, you realize Anne Lauvergeon had the drive, creativity and vision...
...troubles in Finland probably contributed to German engineering giant Siemens' January decision to pull out of its eight-year partnership with Areva. It has also raised questions about CEO Lauvergeon's management style. Critics accuse her of being better at selling big projects than at executing them. Some suggest her refusal to reconfigure the joint venture with Siemens to give it a direct stake in Areva ultimately convinced the Germans they could do better with another partner. (Read: "Siemens Sues Its Own Managers...
...Ayatullah Ali Khamenei's improbable haste in declaring Mahmoud Ahmadinejad the winner of Iran's June 12 presidential election was motivated by a desire to smooth his ally's path to a second term of office, it had quite the opposite effect. Eight weeks later, as Ahmadinejad was sworn in by Iran's parliament on Aug. 5, the Islamic Republic remains in the grip of an unprecedented political crisis over the legitimacy of both men - a crisis that shows no sign of abating, either on the streets or inside the corridors of power. (Read "Khamenei: The Power Behind the President...
...within the regime initially appeared to be relatively clear-cut - Ahmadinejad, Khamenei and the Revolutionary Guards on one side, facing off against a coalition of conservative pragmatists and reformists on the other, with each side claiming some support from within the clergy - the picture has grown murkier over the eight weeks of crisis. A number of figures in the conservative clerical and political establishment have begun to question the authorities' handling of the election's aftermath, particularly the crackdown on dissent. And there are clear signs from within the conservative clergy that some feared Ahmadinejad and the security establishment were...
...like the doomsayers would be proved right. On July 29, the Shanghai Composite Index lost as much as 7.7% of its value before ending the day down 5% on record-breaking trading volume of $43.3 billion. The sell-off was the largest one-day decline in Chinese stocks in eight months, and set off panic purging in Hong Kong, where the Hang Seng Index lost 2.4%. Even the U.S. got dinged, with the Dow Jones Industrial Average ending the day off by 26 points...