Word: sevening
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Dates: during 2000-2009
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When the severed heads of seven French Trappist monks were found in a remote mountainous region of Algeria in May 1996, it was natural to assume the murders were the latest gruesome act by jihadists in their long-running and bloody campaign against the Algerian government. Thirteen years on, however, the victims' families, church officials and the French and Algerian publics have been shocked by the revelation that the monks may have been killed as the result of a bungled Algerian military operation. According to testimony given by retired French general François Buchwalter as part of an official...
...official Franco-Algerian version of how the monks were abducted and murdered. But Buchwalter's statement - given to investigating magistrate Marc Trévidic, who also happens to be overseeing the Pakistan case - blows the biggest hole yet in the idea that the Armed Islamic Group (GIA) killed the seven men. According to Buchwalter, an army intelligence official serving as military attaché to France's embassy in Algiers at the time of the killings, he was told by Algerian colleagues that the monks had died when an Algerian army helicopter patrolling an area south of the capital, Algiers, opened...
Another affordable way to visit Bermuda is by boat. Several cruise lines are offering big bargains this summer: Norwegian Cruise Line has a seven-day cruise from Baltimore starting at $579; it docks for three nights at the colonial village of St. George, which was the first permanent British settlement in Bermuda and is today a UNESCO World Heritage site. Similar cruises from Boston or New York City start at $749. Royal Caribbean has a five-day cruise from Baltimore, with two nights at King's Wharf, for $699 per person. (See classic pictures of the beach on LIFE.com...
...Wang Baoguo, CEO of the Hangzhou Dafeng Furniture Co., securing two loans via Alibaba has meant gaining the cash to buy raw materials at lower cost. The seven-year-old company employs 150 people and manufactures wooden home furnishings. But despite its experience, Hangzhou Dafeng has traditionally avoided pursuing credit through traditional channels. "A small start-up company like ours doesn't remotely qualify for loans under the banks' criteria, so I didn't even bother to try," says Wang. Through the Alibaba program, the company was approved for a $100,000 loan. After repaying that, it applied...
...province south of Shanghai, where 600 businesses used Alibaba to acquire loans worth more than $146 million through China Construction Bank and the Industrial and Commercial Bank of China. This year the program has expanded to Guangdong, Shandong and Jiangsu provinces and several coastal cities including Shanghai and Shenzhen. Seven other banks, including Bank of China, China Merchants Bank and Shanghai-Pudong Development Bank, have signed on. Alibaba expects to facilitate more than $878 million in loans. Some 9,000 companies have applied...