Word: shockingly
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...advocacy, the day after the piece ran, the Financial Times announced that Summers had “found himself embroiled in controversy after the leaking of an internal memorandum.” Indeed, the weeks following the Economist leak made Summers the target of a barrage of shock and fury from environmentalist groups and policy makers. Brazilian officials filed a protest with the World Bank, while Greenpeace took the honor of being the first group ever to call for Summers’ resignation. The Boston Globe dubbed him the “enfant terrible of global liberalism...
...death of Hariri was a major shock to the system,” he said. “Tragic as the heinous act of killing him was, I think it’s going to reunite Lebanon...
Curious, I went closer and peeked inside. What I saw there would shock me and utterly change me forever...
Power Games When Electricité de France, the world's largest power provider, snapped up a stake in Italy's energy firm Edison in 2001, it got a nasty shock: Rome capped EDF's voting rights in Edison at a measly 2%. Their claim: the French market wasn't open to competition. (EDF owns 18% of Italenergia, a holding company with a 62% stake in Edison.) But last...
...French off the hook," says the exec. Still, if that eases pressure to reform, consumers may lose; Fabrizio De Candia, European power director at Cambridge Energy Research Associates in Paris, says Italian power prices are up to 40% higher than Western Europe's average. Now that's a real shock. - With reporting by Jeff Israely Alternative Medicine What's the remedy for growing pains in the global pharmaceutical sector? For Novartis, it's generic: the Swiss firm last week swallowed Germany's Hexal and America's Eon Labs for $8.4 billion, forging them into its existing Sandoz unit to create...