Word: staked
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...official documents seen by Time, there are moves afoot within the Kremlin to create a huge oil and gas pipe-line monopoly based on an existing pipeline operator, Transneft. In February, Russian Industry and Energy Minister Viktor Khristenko submitted a report to Putin suggesting that Transneft acquire Russia's stake in the Caspian Pipeline Consortium (CPC), a company partly owned by the governments of Kazakhstan and Oman, which operates a 1,500-km oil pipeline from western Kazakhstan to a marine terminal in the Russian Black Sea port of Novorossiysk. Putin endorsed the idea. The transfer of ownership is likely...
...identification helps kids stake out personality turf inside the home, but it has another, far more important function: pushing some sibs away from risky behavior. On the whole, siblings pass on dangerous habits to one another in a depressingly predictable way. A girl with an older, pregnant teenage sister is four to six times as likely to become a teen mom herself, says Patricia East, a developmental psychologist at the University of California, San Diego. The same pattern holds for substance abuse. According to a paper published in the Journal of Drug Issues earlier this year, younger siblings whose older...
...investors. "The ING assets gave them a footprint in Asia which they didn't have before," says BT's Chemello. Macquarie subsequently went on a shopping spree. It invested in a South Korean toll-bridge project in Incheon for $64.6 million in 2005. Last December it bought a 40% stake in Taiwan Broadband, a cable operator in Taiwan, for roughly $200 million. A few months ago Macquarie also listed its first Asian infrastructure fund, the Macquarie Korea Infrastructure Fund, on the Korea Exchange and the London Stock Exchange. Macquarie's fund assets now total $101 billion...
...private-equity firm Texas Pacific Group and its Asian affiliate, Newbridge Capital Group. Not only does Macquarie have a rival suitor, but the Chinese government may also fatally complicate the deal. That's because China Network Communications Group, one of China's state-owned telephone companies, has a 20% stake in PCCW and its officials are wary of the sale of an important Hong Kong asset to non-Chinese investors...
...that the dining hall would not be shut down. “Hillel is absolutely, no questions asked, going to continue to provide kosher food next year,” Herbstman said. But she added, “the flexibility and the quality of the dining program are at stake.” Herbstman said that some of the options being considered to deal with the financial shortfall include not serving hot food at all dinners or not offering as many meals per week. Last year, Hillel offered six dinners and one lunch per week; Herbstman added that...