Word: huges
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Dates: during 2000-2009
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...spirit and joy that so many students have brought to the House will carry us beyond the years spent here," the two wrote. "Anna and I have learnt a huge amount from so many of you along the way. We are immensely grateful for that gift...
...will benefit as assets are identified and recovered. Tech Mahindra bought a 47.2% stake in the tainted company for $600 million in a government auction in April. If the fraud money reappears as assets in the name of the company, its good news for Tech Mahindra, which paid a huge sum for Satyam and its liabilities, says Suresh Talwar, partner at Mumbai-based law firm Talwar Thakore & Associates, Satyam's corporate counsel until 2006. It could be a bonanza for shareholders, too, in the form of dividends or bonus shares, he says. Judging by the scale of the fraud...
...Friday afternoon, stock markets made something of a recovery as analysts took a second look at what Dubai's proposed repayment halt means. Eighty billion dollars - Dubai's total liabilities - may sound like a lot of money but in the context of the past year, it's not huge. And while banks like HSBC and Barclays have billions in exposure to Dubai, they are also better capitalized than they were a year ago, and thus more able to withstand hits of this size. (See the top 10 bankruptcies...
...Dubai's problems stem from its huge - and hubristic - ambition. The Gulf emirate, which unlike the other emirates that join to form the U.A.E., has little oil or gas, and so has concentrated on building itself up as a vibrant business and transport hub and the home to some of the world's biggest, flashiest and most modern real estate. To lure in the masses, Dubai promoted itself as an income tax free resort for the world's rich and upper middle class. Dubai's master planners developed a signature over-the-top style geared to the tastes of newly...
TIME: Is there a sense in which you've had to introduce this renewal and create a new government structure to monitor yourselves because, with such a huge electoral majority, the polls don't do it for you? Are you trying to create the democracy - the accountability and transparency - that the ANC's majority negates. Zuma: We're dealing with a party that is very strong and is loved by the people. The opposition might have many things to say but they are not very strong. They cannot challenge us successfully - we are too strong. And the problem is that...