Word: mightly
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...losses in the financially troubled gulf state. According to research firm Creditsights, Citi has made an estimated $5.9 billion in loans in the U.A.E., which includes Dubai as well as its oil-rich neighbor Abu Dhabi. Of that, $1.9 billion was made to Dubai World. In the end, it might not lose that much. On Monday, Abu Dhabi said it would provide $10 billion in financing to help Dubai pay off its debts. And Citi says that "although we do not comment on individual exposures, we are very comfortable with our investment across all of the UAE, which remains...
What's igniting electronics? The primary factor is price. After Circuit City went out of business earlier this year, you might have thought that Best Buy would use its "last man standing" status to its advantage and hold firm on prices. But other retailers decided they wanted a piece of Circuit City's pie. And to the benefit of holiday shoppers, one of those retailers is Walmart. For example, according to the website TVpredictions.com, Walmart offered a Blu-ray player for $78 on Black Friday, raised the price to more than $100 over the next few weeks and then lowered...
...cruise lines, every passenger is a potential ATM, which is why they'll do anything to avoid leaving with empty berths. A full ship is important to the atmosphere, and to employees' pockets, as tips are an important income boost. If you board, you might buy drinks, spa treatments, snorkeling excursions or even airbrush tattoos. And gamble. So the 103% occupancy rates RCL has maintained through the recession have been worth the deep discounting. "It's been a frustrating time," admits Goldstein, "but in this downturn it's critical to satisfy our customers and hope they'll come back...
...question is how the vacuum at the top in Guinea will impact security in the region. Neighboring countries seem to see the threat of the country's falling apart and engaged Camara and opposition parties to find a peaceful way out. With Camara gone, there might even be the possibility of a breakthrough under Konate. But nobody's betting...
...rock-hard souvenir into Silvio Berlusconi's face, the dazed and bloodied Prime Minister stood up on the edge of his car so the crowd could get a good look. An aide would later say that Berlusconi, 73, instinctively wanted to assure everyone that he was all right. You might also imagine that the embattled leader was eager for the world to see that - thanks to his haters - he was in fact not all right...