Word: sevening
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...Geneva Free-Trade Failure After seven years of negotiations, the World Trade Organization's Doha round of free-trade talks collapsed over reluctance to relinquish protective trade barriers. Though the U.S. and the E.U. offered to reduce their farming subsidies, talks reached an impasse as China and India, emboldened by their rapid economic growth, insisted on the right to protect their farmers from competition and refused to accept a compromise...
...Washington A Political Veteran Indicted A federal grand jury has charged Alaska Senator Ted Stevens with concealing more than $250,000 in gifts from an Alaskan oil-infrastructure company, including major construction work on his home. Stevens, 84, was charged with seven counts of failing to report the gifts on public disclosure forms. The Senate's longest-serving Republican member, he has given up powerful posts on the Commerce and Appropriations committees while maintaining that the charges are false...
...Conflict-of-interest note: I worked for Microsoft for seven years, and my wife Patty Stonesifer is a senior adviser to the Gates Foundation after 11 years...
...with that sense of purpose that Beijing has spent the past seven years transforming itself. The city added roughly 85 miles (about 140 km) of subway and rail lines and a huge airport terminal. Forty million pots of flowers and 22 million trees were planted. As many as 1.5 million people were forcibly relocated. Some, like the Yu family, who ran a snack shop north of the Forbidden City, hung on till the very end, wrapping their structure in flags and photos of Chinese leaders in hopes it might stop the wrecking ball. It didn't. Less than 48 hours...
...Paulson, 62, came to the job with a bit of Washington experience, dating to the Nixon White House. He had just spent seven years running Goldman Sachs, the current cream of Wall Street firms (and also the place that prepared Robert Rubin for his successful 1990s tenure at Treasury). But the key to understanding Paulson's approach is that he spent the bulk of his career not as a manager but as an investment banker. What a good investment banker does is build relationships - chiefly with the CEOs of companies whose business he is courting, but also with anybody else...