Word: june
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...snatched the mantle by speeding to gold in 9.84 seconds, earning himself a spot in a 150-m duel with Michael Johnson, the gold-shoed sensation who set Atlanta ablaze by running the 200-m event in a record-setting 19.32 seconds. But the race, which took place in June 1997 at the Toronto Skydome, was an unmitigated bust; fans derided the event as a corporate showcase that sullied the sport, and Johnson pulled up lame with a quadriceps injury halfway through...
...Since June, at least eight entities, including such high-profile names as Apollo Global Management, Colony Capital LLC and Starwood Capital, have filed with the Securities and Exchange Commission to launch initial public offerings of new real estate investment trusts (REITs). The plan is to use proceeds from the IPOs as well as government financing programs to either purchase or originate real estate loans and mortgage-related securities on the cheap. (See pictures of high-end homes that won't sell...
...Obama Administration and economists hailed the dip in July unemployment to 9.4% from the 9.5% level in June as an indication that the economy is beginning to recover. But the drop in unemployment is deceptive. Employers shed another 155,000 jobs in July. And the unemployment rate would have gone up, possibly to 9.7%, if the 400,000 Americans who had previously been searching for a job (but became so discouraged they stopped) had continued to seek employment in July. Economists expect the job picture to remain bleak well into...
...Reiss was one of two French nationals - among several Europeans - arrested amid the street protests that rocked Iran following the disputed June re-election of Iranian President Mahmoud Ahmadinejad. After a month in Tehran's notorious Evin prison, Reiss was one of scores of demonstrators, reformers and bystanders who stood mass trial this month for allegedly inspiring the unrest and undermining the regime. On Aug. 16, Reiss was released on bail on the condition that she remain under house arrest at the French embassy until the announcement of the case's verdict. Last week, Franco-Iranian national Nazak Afshar...
After the June election protests erupted, Ali Larijani was also one of the few regime officials to publicly warn that many Iranians questioned Ahmadinejad's victory. "The opinion of this majority should be respected and a line should be drawn between them and rioters and miscreants," Larijani said in comments posted on an Iranian website. (Read more on Ali Larijani in the top 10 players in Iran's power struggle...