Word: staking
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...economic nationalism. "I think there is a growing group in Thailand that believes business here should belong to Thais, not foreigners," says Sukhbir Khanijoh, senior analyst at Kasikorn Securities in Bangkok. That sentiment was stoked by Thaksin's controversial $1.9 billion sale last year of his family stake in telecom firm Shin Corp. to Singapore's Temasek Holdings-a deal perceived domestically as delivering a key national industry into foreign hands. The tax-free sale came courtesy of the loopholes in the country's Foreign Business Act that the junta government is now eliminating. The changes aim to stop foreign...
...inclusive rhetoric, he's been embraced by liberals, moderates and even some Republicans and evangelical Christians. But no matter how many videos his campaign staff puts out showing his 2004 convention speech in which he talked about getting beyond those divides, a presidential campaign will force him to stake out clearer positions that will inevitably alienate some. Moderates and conservatives will learn that Obama has a more liberal voting record than Clinton, according to congressional voting rankings, while liberals will find that he's not in favor of pulling troops out of Iraq as fast as many would like...
...Despite declaring in April, 2005 its intentions to withdraw investments from PetroChina due to “the unique pattern of circumstances relating PetroChina to the crisis in Sudan,” and shortly thereafter promising to cut ties with oil giant Sinopec as well, Harvard’s stake in the two companies has actually increased from $10.1 million to $15.7 million. The current holdings come as a result of Harvard’s investments in two index funds managed by the British investment bank Barclay’s. If Harvard wishes to live up to its promise...
Harvard held an approximately $5 million stake in a fifth Sudan-linked company, Tatneft, earlier this year. Divestment activists have accused the Russian-run Tatneft of aiding the Sudanese government. Tatneft moved this summer to shift its stock to a London exchange—which means that Harvard is no longer required to disclose its holdings in the firm...
HARVARD STILL HOLDS SUDAN STAKE: Through index fund, school owns estimated $6.6 million in PetroChina, Sinopec stock...