Word: staking
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...strike anyone, anywhere, at any time - that the territory of Calabria is under their control." At the packed funeral service for Fortugno, attended by national politicians and mayors from across southern Italy, Bregantini declared: "This isn't just about Locri. All of Italy's political autonomy is at stake." The high-profile murder has raised fears in Rome that the growing brazenness of 'Ndrangheta could escalate into a bloody war against national authority, like the one that erupted in the 1980s when the Cosa Nostra sought to tighten its hold on Sicilian society and politics. Life is already bleak...
Both the report and Gingrich's letter of admission were issued on the Saturday before Christmas, when most Americans were more caught up in shopping than in the weekend papers. In the end, however, too much was at stake for Gingrich's fate to be an easy call. Too many G.O.P. House members had fresh memories of how his unpopularity complicated their re-election campaigns last November. They were in no mood to be asked to put their reputations at further risk by giving him their unqualified support...
...While we understand the unease of those who see little precedent for such actions in higher education, we also recognize that there are special instances that warrant overt moral decisions to be made on behalf of the University. Last year, we strongly advocated for the University to sell its stake in PetroChina because of the company’s dealings in Darfur. While it was true that the University might have had other questionable investments, PetroChina was a particularly egregious and visible case that demanded the University’s consideration. It commanded student and faculty attention and thus...
...commodities markets that Refco had dominated were holding up well last week. But there will be plenty of fallout elsewhere. A source close to Refco's largest shareholder, buyout kingpin Thomas Lee, says Lee figures his remaining Refco stake is worthless. Lee recouped $175 million in the Refco IPO. But he had invested $507 million for 57% of Refco in 2004, using funds from dozens of public and private pension systems, including California Public Employees' Retirement System, Pennsylvania State Employees' Retirement System, General Motors and Verizon. As a Refco insider (several Lee executives are on the Refco board...
...contest may not be accompanied by the blaring cold-war overtones of the last great space race between the U.S. and the Soviet Union. China's space program is conducted largely in secret, and Japan's modest achievements don't make headlines. But plenty is at stake. Over the past few years, a centuries-old rivalry between China and Japan has flared anew. While the two countries are increasingly interdependent economically, relations remain uncomfortably strained as fast-growing China begins to challenge Japan as the preeminent East Asian power. This spring, for example, anti-Japan riots erupted in a number...