Word: giants
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...this year, we won't exactly be out of the woods. "We are so focused on whether recovery will be at the end of this year or the beginning of the next that we lose sight of the more important question," said Mohamed El-Erian, CEO of bond-investing giant Pimco, at a conference in Los Angeles last week. "It's not whether the recession will be over; it's what does the new normal look like...
...unconnected. After months of government criticism and a slew of ugly headlines, Daniel Bouton announced last week that he plans to quit as chairman of Société Générale, one of France's biggest banks. A day earlier, a meeting of shareholders in banking giant Fortis turned nasty when investors riled by the sale of ts recently nationalized Belgian banking arm lobbed shoes and other items at chairman Jozef De Mey. De Mey stood his ground, and won an eventual vote on the sale. But the twin incidents share the same roots: public trust...
...excitement before the formidable project. They'll need to retain that team spirit for the long haul. At stake is the heady objective of turning Paris into a spectacular, environmentally friendly, sustainable city that then merges with its suburbs and beyond to transform the entire region into a giant, integrated economic engine. (See pictures of the French celebrating Bastille...
...with the student’s name, high school, and address, with rows of “Harvard” written across the header, with a miniscule “Yale” in the middle.“The biggest kick was that he sent it with a giant paper clip,” says Ian Anderson, the office’s file room director—perhaps the most important cog in the well-oiled machine behind Harvard Admissions. “I think he ended up going to Yale.”The Admissions Office, where...
With their giant eyes and spiky red hair, baby orangutans are the epitome of cute - and that's exactly why they are the most sought-after prey of poachers in Kalimantan (Indonesian Borneo). Thousands have been hunted and captured over the years, prised from the hands of their slain mothers, to sell as pets. Those who are spared this fate are left to cope with a habitat that is shrinking daily, as agribusiness firms continue their relentless drive to turn Kalimantan's forests into palm-oil plantations. "I cannot convey the horror of it," says Canadian primatologist Birute Galdikas...