Word: stakes
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Dates: during 2000-2009
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...their campaigns and we'll run ours," said Joe Trippi, a senior adviser to the Edwards campaign. "We're taking this thing very seriously and that people of Iowa are going to know how hard we're going to fight for every vote and what we think is at stake here and what the difference in this campaign is: that we're going to take on corporate greed for them and she's taking their money ..." and here Trippi trails off and raises his eyebrows...
Reports about Japan's plans for a newer, bigger whaling ship with an estimated cost of $120 million signal the government's commitment to a large stake in high seas whaling. One U.S. government official says: "That's not a good sign." The Japanese, however, are listening to the international community and changing its whaling targets - for example, deciding not to hunt humpback whales. But, for now, whale stays on the menu and on the plate...
...need of capital to repair its subprime-holed balance sheet, was handed a lifeline by a similarly unlikely rescuer. The Abu Dhabi Investment Authority, a $625 billion sovereign wealth fund (SWF) run by the tiny Persian Gulf emirate, announced it was forking over $7.6 billion for a 4.9% stake in Citi. Though Citi still faces difficulties, the cash infusion helped stabilize its plunging stock price and signaled to rattled markets that money was available to help subprime victims survive the turmoil...
That's a conservative strategy, considering the bargains that may be available from investing in subprime-stressed financial institutions in the West. After all, Abu Dhabi's SWF will reap an 11% annual yield from its Citigroup stake, nearly double the dividend yield currently available to ordinary shareholders. Having been burned once by Blackstone, the Chinese are now twice shy. But other sovereign wealth funds out there are flush with cash--and fortune favors the bold.n
...proposals come just days after a U.N. agreement in Bali on the next stage of global climate change negotiations after the Kyoto Protocol expires in 2012. The E.U. executive says that if Europe is to stake a credible claim for leadership on climate change, it will have to show serious resolve in cutting car emissions, the main gas blamed for global warming...