Word: showdown
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...Shareholder dissatisfaction now sets up a showdown with Britain's Treasury, the Bank of England, and the Financial Services Authority (which support the deal in large part because it promises an immediate repayment of $22.7 billion of the $47 billion bail-out). Should shareholders block the takeover, and no other suitable bidders are found, the British government could decide to nationalize the bank or force it into bankruptcy, stripping shareholders of their investment. Either resolution would further embarrass a government still reeling from criticism of its handling of the early stages of the crisis. In September, nervous pensioners withdrew...
...fact that the Crimson played its A-game with the championship on the line means that, despite going 1-2 in non-conference, scoring fewer points, and allowing more, it had the better season. But the fact that the Bulldogs graded a D-minus in the all-important showdown should not totally overshadow their accomplishments in 2007.Disgruntled and embarrassed online readers started commenting on the Yale Daily News’ game story shortly after the final whistle, most of them calling for Siedlecki’s job. It fell to a few dissenters to note that Siedlecki won nine games...
...diplomats accredited to the Holy See) who have a monthly meeting with papal advisers. But other unofficial discussions, in trattorias and cafes and a variety of Church institutions, are a constant part of the diplomatic workings in Rome. And over recent months, the conversations have centered on the looming showdown over Iran's nuclear program. Says one key Catholic Church player involved in these discussions: "The Pope will speak explicitly only when the conditions call for it. One difference this time [compared with Iraq] is that we're hoping the American bishops could speak out [against any attack plans]. That...
...diplomatic chess game around Iran's nuclear program includes an unlikely bishop. According to several well-placed Rome sources, Iranian officials are quietly laying the groundwork necessary to turn to Pope Benedict XVI and top Vatican diplomats for mediation if the showdown with the United States should escalate toward a military intervention. The 80-year-old Pope has thus far steered clear of any strong public comments about either Iran's failure to fully comply with U.N. nuclear weapons inspectors or the drumbeat of war coming from some corners in Washington. But Iran, which has had diplomatic relations with...
With opposition to his program widening, Sarkozy used a speech Tuesday to French mayors to reiterate his determination to pursue the contested reforms, yet vowed "There will be neither winners nor losers." That wasn't the kind of active engagement many pundits expected in the current showdown with unions. Even his conservative backers and resisting union leaders seemed anxious for Sarkozy to become personally involved in resolving the conflict. But it's still unclear when that will happen. With Sarkozy's personal involvement as arbiter viewed as decisive in brokering a solution, his rather predictable comments Tuesday suggest...