Word: second-largest
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...bonhomie has evaporated in recent weeks after Japan renewed a campaign for a permanent seat on the U.N. Security Council alongside China. Although Japan's bid received an endorsement from U.N. Secretary-General Kofi Annan, South Korea's ambassador to the U.N. told reporters that the world's second-largest economy was not entitled to a permanent seat because it "lacks the confidence of neighboring countries." In China, opposition to Japan's U.N. bid started out as an Internet petition drive that gathered 25 million signatures and culminated in mobs vandalizing Japanese department stores in Chengdu and Shenzhen. "Japan...
...Thirst To Acquire Coca-Cola and its Greek bottling unit bought Multon, the second-largest juice company in Russia. Terms of the deal were not disclosed, but analysts valued the purchase at about $650 million...
...China is now the second-largest trading partner of the European Union and the EU is China's largest trading partner. (That's why Europe is now discussing lifting its arms embargo on China, although pressure from the U.S. to refrain from doing so may have postponed the question, at least until the presidency of the European Union passes from Britain next year.) China's growing strategic role has also seen it move to settle conflicts and stabilize long-troubled relations with key neighbors Russia and India, and assume a natural leadership role in important Asian forums traditionally dominated...
...INDICATORS Closing Up Shop French retail group Carrefour announced the sale of its Japanese and Mexican operations. The world's second-largest retailer needs to focus on its flagging domestic hypermarket business. Net profits slid 15% last year to €1.39 billion...
...anyone about Marcus Garvey, and you’re likely to get a blank stare, or that same stare preceded by something about “Back to Africa.” Arguably the most overlooked and misunderstood black leader of the past century, Garvey led the second-largest organized mass movement of people of African ancestry—exceeded only by the slave trade. He was the father of the Pan-African movement and the grandfather of the civil rights and African nationalist movements of the 1950s and 1960s and the black self-determination efforts of the 1970s. Without...