Word: powerfully
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...estimates of what the bank could make next year. Instead of his earlier projection that Citi would turn a profit in 2010, McDonald thinks the bank will be solidly in the red next year, losing $3 billion. In his report, McDonald said investors should worry about "the earnings power and strategic direction of the franchise amid all the change and increased government ownership now under way." (See 25 people to blame for the financial crisis...
Mugabe has a long track record of oppressing the people of Zimbabwe, dating back almost to the day he came to power in 1980. In 1981 he set out to destroy the main opposition party by creating a special military unit trained by the North Koreans. Known as the 5 Brigade, it spent the following six years killing, maiming and terrorizing the population that supported the then opposition PF-ZAPU. The Catholic Church estimated that at least 3,000 people were killed before the opposition caved and was absorbed into Mugabe's Zimbabwe African National Union-Patriotic Front (ZANU...
Mugabe is still in control of most of the levers of state power in Zimbabwe; his network of patronage remains intact. Tsvangirai, on the other hand, has stood powerless as farm invasions continue, and members of his own party have faced abuse at the hands of state security agents...
...Paradoxically, it may be the very absence of a dominant leader that makes China's existing system more stable than it sometimes might appear to outsiders. That's because there are no individuals strong enough to make a play for controlling power. "Collective leadership means weak leaders and strong factions," says Cheng Li of the Brookings Institution in Washington. Moreover, Beijing's leaders of the current generation all have vivid memories of the potentially devastating consequences of an open schism in the top ranks of the party. "What happened in Tiananmen in 1989 was a consequence of a split...
...fact, despite the challenges he has faced this month and his looming lame-duck status, Hu may actually be at the height of his power, says David Zweig, who teaches political science at the Hong Kong University of Science and Technology. "It takes any new party secretary four to five years just to get the party under control after he takes over," Zweig says. "Having appointed many of his stalwarts to senior (posts), Hu is now probably in a position to exert considerable influence on decisions even after he steps down in 2012 through his control of the Organization Bureau...