Word: heir
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Before taking the reins of HMC, El-Erian had been a managing director at PIMCO, where he was widely expected to succeed William S. Thompson, Jr. as CEO. His position upon his return will be co-Chief Executive Officer and co-Chief Information Officer, seemingly solidifying his status as heir-apparent. In a statement released yesterday, both Thompson and PIMCO CIO William H. Gross said they have no plans to step down. [SEE CORRECTION BELOW...
...threat of terrorism and extremism has not yet been eliminated," Nikolai Patrushev, Director of Russia's FSB (the KGB's heir), commented to Interfax wire agency. He has ordered his service to strengthen its control of Russia's sensitive installations. Patrushev said the train bomb was part of a pattern of violence that also included a spate of attacks on security forces and officials in the North Caucasus region around Chechnya...
Once the quintessential "rogue state," Libya is now doing its best to shed an enduring reputation as a sponsor of terror and reintegrate into the international community. "Lockerbie belongs to the past - it's history," assures Saif al-Islam Gaddafi, second-born son and potential heir of Libyan leader Muammar Gaddafi, referring to the deadly 1988 bombing of a Pan Am jet over Scotland, one of several terror attacks for which Libyan agents have been tried and convicted. Though Libya denies responsibility for those attacks, Gaddafi acknowledges they, together with the country's provocative stance toward Western nations over...
...Just how the case will affect the Deputy Prime Minister is not yet clear. Najib, the heir apparent to PM Abdullah, has denied any involvement, stating that he never even met Shaariibuu. But on June 29 a court witness claimed she had seen a photo of Abdul Razak, Shaariibuu and a man she named as "Najib Razak" dining at a Paris restaurant. Najib has refused to comment on this specific testimony. "The longer he tries to avoid the issue, the more wild the rumors will be," says Lim Guan Eng, secretary-general of the opposition Democratic Action Party. "The government...
...also ensures that the symposium has a distinctive local flavor: a mixture of high-art and hooliganism that is peculiarly Mancunian. Although many of the 10 major acts premiering will later tour Paris, New York, Berlin and Tokyo, local organizers are keen to stress that Manchester is a natural heir to these more established cultural loci. "We are trying to draw on Manchester's inherent creativity," said Elizabeth Dawson, a public relations manager. "It's a city of firsts...