Word: enterings
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...when the first big European cross-border deal was finally unveiled. Banco Santander Central Hispano, Spain's largest bank, agreed to buy British mortgage lender Abbey National for approximately €13.4 billion, creating Europe's fourth-largest bank in terms of market capitalization. "This is a unique opportunity to enter a very interesting market, which will add diversification, solidity and stability to our future results," Santander chairman Emilio Botín proclaimed. So has the predicted round of consolidation begun at last? Er, not really. "This is not the beginning of cross-border banking mergers in the euro zone," says...
...months later, in July 2002, the town was ready for its close-up. Headus 3D scanning equipment, used by the U.S. military to design uniforms and scar masks for burn patients, was trucked from Sydney and installed in a white booth in Menzies' town hall. Persuading 130 people to enter, strip naked and allow a red beam to scan their bodies for 15 sec. was an achievement in itself. "It was like trying to get a mob of sheep through a gate," says Kath Finlayson. "They'd all break and go everywhere." Here the cowboy qualities of Ronald Hogarth were...
...understand why malaria has become such a threat and what can be done to stop the disease, it helps to know a little biology. Malaria is caused by four closely related parasites, the deadliest of which is Plasmodium falciparum, which has a particular fondness for anopheles mosquitoes. The parasites enter the bloodstream when an infected mosquito bites a human. Then they multiply inside the host's liver and red blood cells. (That's why pregnant women, who make lots of blood to nourish their growing fetus, are especially vulnerable.) Eventually the red blood cells burst with a new generation...
...Enter Macau, the former Portuguese colony handed over to China in 1999. Last year some 12 million visitors poured into the 9-sq.-mi. territory, whose small contingent of casinos generated $3.6 billion in gaming revenue--three-fourths of what the Vegas Strip managed to pull in. Long a mecca for Asia's high rollers, Macau in 2003 averaged a daily haul of nearly $22,000 per gaming table compared with just $2,200 in Vegas. And thanks to the recent removal of certain internal travel restrictions, some 150 million mainlanders can now head to Macau without a tour guide...
...that 8 to 10 of the 14 "muscle" hijackers--those who helped gain control of the four 9/11 aircraft and subdue the crew and passengers --passed through Iran between October 2000 and February 2001. Sources tell TIME that commission investigators found that Iran has allowed al-Qaeda members to enter and exit the country across the Afghan border since October 2000. Iranian officials issued specific instructions to border guards to facilitate the travel of al-Qaeda personnel in and out of the country, including orders that their passports not be stamped. The report does not, however, offer evidence that Iran...