Word: monday
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...Monday sees the arrival of the Chinese lunar New Year and the onset of the Year of the Ox. But Shanghai residents who had been counting on the bovine astrological sign to usher in a bull market are likely to be disappointed. Contrary to its placid and solid reputation, this year's ox is an altogether different beast, say soothsayers in China's financial capital...
Bali, whose mythic resorts have been struggling to fill their beachside villas during the global financial meltdown, has been hit by another unexpected crisis this month: rabies. The death toll from an outbreak on the island of 3.1 million people rose to six on Monday, adding to the woes already faced by the Indonesian province after the downturn in the world's economy...
...apparent nod to that sentiment, King Abdullah struck a conciliatory note on Monday when he told the Kuwait summit that the Arab peace initiative, his own brainchild, could be withdrawn, a shift that indicates the moderates may be losing the argument. "Israel has to understand that the choice between war and peace will not always stay open and that the Arab peace initiative that is on the table today will not stay on the table," he said...
Prominent Russian human-rights lawyer Stanislav Markelov was killed Monday afternoon, shot point-blank in the head, police say, as he walked to his car just a mile from the Kremlin. Markelov, 34, had just given a press conference in which he had announced he would continue to fight the early parole of Yury Budanov, a decorated tank commander who had admitted to and was convicted of the strangling death of an 18-year-old Chechen woman in 2000. Anastasia Baburova, 25, a freelance journalist for Novaya Gazeta, a newspaper covering the Budanov case, was also shot as she walked...
...Monday, Indian newspapers reported that the board may appoint investment banks to explore the possibility of finding a buyer for Satyam. Since then, board member Tarun Das has said the company was approached by a potential buyer. Board members insist the company has solid cash flow and can continue. Yet with fresh revelations about Raju's alleged malfeasance surfacing every day - the latest, that he deleted all his e-mails from his final month as CEO - there are fears that the company's liabilities may be so high that it may be forced to fold...