Word: rivals
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Dates: during 2000-2009
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...chairman, Ed Whitacre, isn't convinced that a sale is in the company's best interests. He still sees GM as a global manufacturer and is determined to retake the No. 1 spot from rival Toyota. To do so, GM needs a European manufacturing base. At the very least, GM wants to avoid creating a new competitor by providing the dowry for a tie-up among Magna, Sberbank and Opel. So on Aug. 21, the GM board rejected Merkel's plan and sent point man Smith back to Berlin. (Read "Busting Out: German Pol Plays the Cleavage Card...
...Merkel has tried, and failed, to get President Barack Obama to intervene. Her rival for the chancellery, Frank-Walter Steinmeier, Foreign Minister in the grand coalition government that joins Merkel's Christian Democrats and his Social Democrats, called Secretary of State Hillary Clinton, urging her to get involved. But the message from Washington is that it's up to GM to make its own investment decisions. (See pictures of Obama in Germany...
Africa's wine once had a reputation to rival Europe's. In the 19th century, vin de Constance, a Cape Town dessert wine, was the A-list tipple of its day, served to Napoleon on his deathbed and celebrated in print by Charles Dickens and Jane Austen. But before the end of apartheid in 1994, white-only rule and a system of paying black workers in highly alcoholic runoff had left a pronounced sour taste in international markets. Postapartheid, South African wine has reformed - there are growing numbers of black customers and vintners - but its quality has come under fresh...
...fact, opposition activists were dismayed to hear reports that former President Ali Akbar Hashemi Rafsanjani had called for unity and for all Iranians to follow Supreme Leader Ayatullah Ali Khamenei's orders to end the turmoil. Coming a little over a month after the influential cleric and Ahmadinejad rival had openly questioned June's disputed election results, the comments suggested that the opposition movement could be losing one of its most crucial establishment backers. (See the top 10 players in Iran's power struggle...
...with the leading candidates in Kabul on Aug. 21, the day after the election, urging against hasty claims that might spell trouble later. Both men offered assurances, and so far, both men have directed their grievances to the complaint commission, whose fraud investigations seem to have temporarily appeased the rival camps...