Word: staking
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...more liberalism where best, intervention when necessary," he explains. But that mix can seem a bit muddled at times. Behold the believer in free markets. As Finance Minister, on Sept. 1, Sarkozy decided to sell off a €4.6-billion chunk of France Telecom, reducing the government's stake to under 50% for the first time; on Sept. 2 it was finished. Last month he moved to waive inheritance taxes on sums below €100,000 per estate, suspended a 3% corporate tax, and withstood stiff protests from unions to lay the groundwork for the partial privatization of Electricit...
...election, that's a massive victory for the insurgency - and one that could sustain it for years to come. Sunni abstinence also dims prospects for a new Iraqi government winning wider Arab support. Iraq's Arab neighbors have urged the U.S. to do more to give the Sunnis a stake in the new Iraq, and Jordan's Crown Prince Abdullah - perhaps Washington's closest ally among the Arab regimes - warned on Monday that no credible poll in Iraq is possible amid the current "chaos...
...Long-Term Interest Britain's Barclays announced it was in talks to buy a majority stake in Absa, South Africa's biggest retail bank, its first such investment there since...
Lose, and the focus shifts back to surviving a visit from Harvard and a trip to New Haven in order to stake a claim to the Ivy title for the third straight season...
...China dreams have gone up in smoke before. In 1986 R.J. Reynolds formed a $31 million joint venture to make Camels; 13 years later, the American partner bailed out by selling to Japan Tobacco. JT itself gave up on the venture when its contract expired this month, selling its stake to Chinese partners for a measly $18 million. The Marlboro Man will have to be faster on his feet if he wants to grab this bull by the horns. --By Neil Gough/Beijing...