Word: royal
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Dates: during 2000-2009
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...free consulting service for arts groups on the verge of a nervous breakdown. Kaiser is something of a rescue artist. Over the years, he has swooped in as a director to save the Alvin Ailey American Dance Theater in New York City, the Kansas City Ballet and London's Royal Opera House, which had just canceled every performance for the next year and a half when he got there in 1988. In February the Kennedy Center launched a website--artsincrisis.org--where beleaguered administrators could go for advice on fundraising, programming, budgeting and marketing. Kaiser and his staff sometimes pay house...
...toll is expected to increase as rescue workers gain access to more isolated areas. Low-lying Bangladesh is regularly gutted by cyclones in the spring and fall, which precede and follow its monsoon season. Aila also hit Sundarbans, a mangrove forest on the India-Bangladesh border that shelters endangered royal Bengal tigers--some of which have also been stranded by the waters...
...mysterious and disturbing juxtaposition of a housefront lit by a streetlamp set under a daytime sky. Magritte painted it 16 times in oil and a further seven times in gouache. "Magritte's focus was on images and the spread of ideas," says Michel Draguet, Director General of the Royal Museums of Fine Arts of Belgium. "He was obsessed with the idea of mass representation, and he loved seeing his pictures on postcards...
Europe's banks are in much worse shape, with a ratio of 40.5. They must either sell $9.7 trillion in assets or raise $485 billion in capital to bring leverage down to 20. The Royal Bank of Scotland (estimated leverage: 39.3) has already started slimming down. It recently put its retail and commercial businesses in Asia on the block. New CEO Stephen Hester has announced plans to create a subsidiary that will hold about $477 billion of the bank's assets that are earmarked for disposal...
...ICBC) paid $5.6 billion in 2007 for 20% of Standard Bank, South Africa's largest lender, in part to serve Chinese-owned resources companies prospecting for oil, gold, copper and other metals in places like Angola, Congo, Liberia and Zambia. ICBC is now said to be interested in the Royal Bank of Scotland's Asian assets, along with Australia's ANZ Bank and Anglo-Asian lenders HSBC and Standard Chartered Bank...