Word: rivals
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...prowling for overseas acquisitions to expand their footprints. The most recent headline grabber was last month's $8.1 billion bid by Tata Steel for Anglo-Dutch steel manufacturer Corus, and there have been many smaller deals as well. In February, Hyderabad-based drugmaker Dr. Reddy's acquired German-based rival Betapharm for $572 million. A few months later, construction major Punj Lloyd bought Singapore-based SembCorp Engineers and Constructors for $22.5 million. And now electronics manufacturer Videocon is the lead player in a consortium that has offered more than $700 million to buy Korean electronics giant Daewoo Electronics...
...Master Cracks the Whip How John Negroponte won control of the CIA, and what he plans next to consolidate rival agencies and his power
...throated backing of the international community and is being armed to the teeth by neighboring Ethiopia--a necessary violation of the country's arms embargo if the transitional government is to survive, but hardly endearing to most Somalis, for whom Ethiopia is a blood enemy. Meanwhile, Ethiopia's main rival in the region, Eritrea, has funneled arms and forces to the ICU. Peace talks between the Islamists and the transitional government have largely collapsed, and skirmishes are increasing...
...side. Yet before many Democrats across the country had even taken down their yard signs, Pelosi decided to step on her own coronation by turning what would otherwise have been an all-but-ignored secret ballot for majority leader into a gang war. Instead of quietly accepting that her rival Steny Hoyer would continue to be her second in command, she threw herself into a fierce and ultimately unsuccessful campaign for John Murtha, an old friend whose ethics didn't seem to match Pelosi's talk of a new day in Congress...
Pelosi may now have to reconsider how she plans to deal with another rival, fellow California Congresswoman Jane Harman. Pelosi has already made it clear that she does not want to give Harman the top job on the Intelligence Committee when the party formally takes over in January. Harman, whose qualifications no one doubts, says she was promised it by earlier Democratic leaders; Pelosi says her term is up. But by shutting out Harman, Pelosi would be setting another trap for herself. The next in line after Harman is Florida's Alcee Hastings, who in 1989 was impeached and removed...