Word: multibillions
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...CourtTV, E! and QVC will, within a couple of years, probably be sold to whichever media behemoth will pay top dollar. As he puts it, "We're in the business of moving goods." Nearly every major media power, from NBC to Viacom, would love to acquire Discovery, a worldwide, multibillion-dollar franchise. Says a longtime business acquaintance: "John is at a crossroads. Liberty is ineffective if it stays purely an investment company. Either John has to become a substantial operator of select media assets or he should begin to distribute his various equity ownerships...
...Haaretz sees Israel's multibillion dollar budget deficit and zero growth as the "price of the occupation." An editorial warns, "While the developed world, and particularly the United States, is showing clear signs of recovery, Israel is sinking deeper and deeper into recession. In the absence of any political horizon to the conflict, which would include an end of the occupation, this decline is liable to become permanent." Things look even worse on the Palestinian side. The BBC reports that a meeting of international donors in Oslo agreed to provide $1.2 billion in aid to rebuild Palestinian infrastructure destroyed...
...much a business needs to rely on intelligence analysis depends less on where it operates than how. The more capital intensive a business is, the more its executives need to know how the future is likely to take shape. Energy companies, which have to make multibillion-dollar infrastructure investments before they can draw a penny's worth of fossil fuel out of the ground, have set the standard for security and political intelligence overseas. High-tech firms, which need to determine where their competitors are headed before beginning costly research and development, have led the way in what is known...
...Struggling with a multibillion-dollar debt, widespread unemployment and falling exports, the cash-strapped Indonesian government has refused to declare this year's flooding a national disaster, a decision that would require millions of extra dollars in relief money. The floods, however, are nothing short of a tragedy and have rapidly become a symbol of the government's incompetence and corruption. The numbers are staggering: 142 dead (57 in Jakarta), 385,000 displaced, damage estimated at more than $200 million, 80,000 people suffering from diarrhea, influenza and cholera, and only 265 doctors made available at government health posts...
...drama. The star is an aging German tycoon, known for his obsessive secrecy, unbridled ambition and friends in high places - one of whom even has a shot at becoming Chancellor. Using a keen understanding of the public taste and an enormous appetite for risk taking, our hero builds a multibillion-dollar media empire, comprising TV stations, newspapers and rights to a library of cinema classics and sports events...