Word: settlement
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...Mongolia's exotic charms that he has taken seven trips to the country since 1996 with Nomadic Expeditions, an outfitter based in New Jersey. Miniaci has faced flash floods, watched craggy roads flip trucks like so many toys and once waited for three days in a remote desert settlement because a fuel shortage kept helicopters grounded in the capital. Dinosaur digs were his original lure to Mongolia, but now he gives significant time and money to support adult and child education, and to aid orphans, in what is still an impoverished country...
...exhibits a huge, selfless effort to put Iraqis on their feet again after the war, that will help. Views of the U.S. will improve further if the Bush administration really does promote democracy and withdraws from Iraq quickly. Equally important would be a robust effort to achieve a fair settlement of the 55-year-old Arab-Israeli conflict and play midwife to a sovereign Palestinian state...
According to the terms of the settlement, both parties and their lawyers declined to comment and have avoided making public statements aside from the actual settlement and the accompanying joint press release...
...settlement dictates that Templeton will propose open-ending the smaller China World fund with HMC’s backing at the fund’s annual meeting in April, which would eliminate the fund’s discount. If the proposal succeeds, which is likely, HMC will divest itself of its 30% holding of China World stock within 30 days...
While the settlement should have few long-term ramifications for HMC, Templeton or the mutual fund industry as a whole, it sends the message that it remains tough for shareholders to impose their will on fund managers, Cassidy said...