Word: multibillion
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...that principles matter. The irrepressible "hyper-President" has also long said he judges people (and expects to be judged) exclusively on merit and results. But in October he supported his inexperienced 23-year-old son Jean's bid to take over the public body responsible for managing Paris's multibillion dollar La Défense finance district. To make matters worse, even as the accusations of nepotism grew louder, Sarkozy père described his reforms of France's high school system as guaranteeing that "henceforth, what's necessary to succeed in France isn't being born well...
Indian Prime Minister Manmohan Singh visited Moscow this week to negotiate a multibillion-dollar arms deal, meet the Russian President and Prime Minister and seal a new civilian nuclear deal with Russia - which the Indian press hailed as even more advantageous than India's similar technology-sharing agreement with the U.S. Singh told a Russian news channel, "We have been able to get equipment and technologies from Russia which were not available to us from any other countries...
...thousands of Iraqis have been killed - Iraq's natural resources are only now emerging as spoils of war. As U.S. troops prepare to withdraw from the country next year, some of the world's biggest energy companies, among them ExxonMobil and Royal Dutch Shell, are racing to lock up multibillion-dollar deals with officials in Baghdad that will allow them to exploit the country's giant oil fields. The deals will not only allow Big Oil to return to Iraq for the first time since Saddam nationalized the industry in 1972. By modernizing a production system wrecked by conflict...
Plain old niacin--a B vitamin--may be better at unclogging arteries than an ingredient in Merck's multibillion-dollar cholesterol drugs Zetia and Vytorin, according to a recent study. It's the third trial in two years to question the pills' effectiveness. Patients are growing skittish: sales of both drugs fell to $4.56 billion in 2008, down 12% from the year before...
...Part of that reservation may have had something to do with Karzai's two Vice Presidents also being sworn in, Mohammad Qasim Fahim and Karim Khalili. Both have been accused by Afghan civil-society groups of egregious human-rights abuses, and one has been closely linked to Afghanistan's multibillion-dollar drug trade. In the audience was Karzai's close supporter, former warlord General Abdul Rashid Dostum, who has been accused of massacring thousands of Taliban prisoners in 2001, soon after the U.S.'s arrival. Even if Karzai is committed to cracking down on corruption and strengthening the rule...