Word: primed
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...undeniable who my relatives are, but I will do things the right way.' SOMCHAI WONGSAWAT, Thailand's newly elected Prime Minister, on his brother-in-law, exiled former PM Thaksin Shinawatra...
...have been operating is completely unacceptable. While we do not support unbridled regulation of the market, in some instances it is indeed necessary. Government oversight is particularly important in sectors and for companies that have a broad and direct impact on everyday Americans. Look to the sub-prime mortgage markets as an example. The clear greed and corruption that led to unprecedented profits via severely leveraged transactions, all in the pursuit of pushing the sheets through the roof, was left unblocked. The result is that now the average American taxpayer is paying the price through bailouts, and the average consumer...
...Lehman chief executive Peter G. Peterson in 1985 with a $400,000 balance sheet. As of June 30 of this year, Blackstone had a total of $119.4 billion of assets under management. Light will accompany Richard Jenrette, the founder of investment bank Donaldson, Lufkin & Jenrette; Brian Mulroney, the former prime minister of Canada; and William Parrett, the chief executive of the professional services firm Deloitte Touche Tohmatsu as one of four independent directors on the board. —Staff writer Prateek Kumar can be reached at kumar@fas.harvard.edu...
Weeks after the violence surrounding the presidential election in Zimbabwe has subsided, Morgan Tsvangirai and Robert Mugabe have finally reached a power-sharing agreement. In this arrangement, Tsvangirai becomes prime minister and chairman of the council of ministers, while Mugabe remains president, chairman of the cabinet, and leader of the armed forces. Despite this political solution, economic troubles remain. In order to solve them, the United States, though perhaps wary of the uncertainty of this political union, must act decisively by supporting foreign aid negotiations...
...Zardari, who returned to Pakistan from a visit to London as news of the incident broke, had also suggested he believed that air strikes would end. Speaking to reporters after a lengthy meeting with Prime Minister Gordon Brown, he said: "I don't think there will be any more [air strikes]." In his meeting with Brown, Zardari had urged the British prime minister to persuade the Americans to refrain from further attacks on Pakistani soil. "The U.K. agrees with us that such moves are counterproductive," says the Zardari aide, who had been present at the meeting...