Word: largeely
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Unlike the BofA deal, however, Citigroup's left intact a large investment in the bank on the part of the government. Citi repaid the government's $20 billion in Citi preferred shares, and it closed an insurance agreement that had the government backing as much as $300 billion in troubled...
Not all permafrost is on dry land either. The East Siberian Arctic Shelf, a vast expanse of shallow seafloor off Russia's northeast coast, was once wetland as well. It was submerged as melting glaciers drove sea level up at the end of the last ice age, but it still...
The Louis Majesty wasn't hit by a sudden storm or any of the other expected dangers of maritime travel. Rather, it may have been the victim of rogue waves. For centuries mariners have told stories about sudden waves that would emerge out of the open ocean without warning, strong...
Similar promises were also reportedly made last week by the director of a large steel plant, also in Isfahan, after workers announced the beginning of a hunger strike to protest large discrepancies in pay. Reassuring words from the director were followed by a tour of the plant by security staff...
The last available official figures put Iran's economic growth at just 2.5% for the first half of the Iranian year (March-August 2009) - far short of the 8% targeted in Iran's fourth Economic Development Plan, which ends this year. Despite the apparent unknowability of third-quarter statistics, figures...