Word: pacts
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...because of poor sales, the singer was sent away with a $28 million parting gift. Now her failure is paying off again. She has just signed with Island Def Jam Records, a division of Universal Music Group, for a three-album deal worth more than $20 million. The pact will allow Carey to have her own label and explore opportunities in film and television...
MALAYSIA Antiterror Pact The leaders of Indonesia, Malaysia and the Philippines signed a cooperation agreement to combat terrorism and target Islamic fundamentalists who they say threaten all three states. The accord allows for combined antiterrorism operations and the sharing of information, including airline passenger lists...
...like this one: “I think in one sense that Larry Summers is the Ariel Sharon of American higher education.” After all, Summers is Harvard’s first Jewish president, and the metaphor seems to hint at Jewish collusion and conspiracy, a lurid pact by powerful Jews to oppress minorities...
Farguell, 46, general manager of Futbol Club Barcelona, has made a three-year pact with the National Football League to help buoy the popularity of U.S. football in Europe and European soccer in the U.S. His soccer team will play exhibition games in NFL stadiums, and the Barcelona Dragons, part of NFL Europe, will join F.C. Barcelona's 16-team empire...
...stability and growth pact was Germany's price for giving up the sacred deutsche mark in favor of the euro. No way would the country allow those profligate Italians and other high rollers to debase the new common currency by spending more than they could afford and running high deficits that would ignite inflation. So every member of the monetary union had to don a whalebone corset "Made in Germany." Above all, nobody could generate a deficit higher than 3% of GDP. Or else...