Word: staking
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...Beijing and Washington nevertheless routinely spar over a wide range of sensitive issues. The U.S. has accused China of manipulating its currency to unfairly promote exports, while China has openly called for the replacement of the U.S. dollar as the world's premier currency. But with so much at stake, the two nations have tried to keep their rapport cordial. In July, U.S. President Barack Obama called for "cooperation, not confrontation" with China...
...great that Beijing and Ma get along, but Ma won't be around forever, perhaps not even for long - he has taken a hit at home over the hurting economy and, more recently, over his government's less-than-stellar Morakot relief efforts. While Beijing has a big stake in Ma's political survival, it should start looking beyond the current President and the KMT and build bridges certainly to moderate DPP politicians. After all, the party could come back to power. As for those in Taiwan who still believe they can live apart from China - well, they need...
Duncan's background has made him intimately aware of what is at stake for America's students. As he puts it, if you made it through school in the gang-ridden South Side, you had a chance of making it out. And if you didn't, you might have ended up dead. "The dividing line between those two was clearly educational opportunity," he says. Sure, all kids are guaranteed seats in a classroom, but too many are taught by middling teachers in awful schools, Duncan says. "It's obvious the system's broken. Let's admit it's broken...
...project has also raised questions about Lauvergeon's management style. Critics accuse her of being better at selling big projects than at executing them. Some suggest her refusal to reconfigure the joint venture with Siemens to give it a direct stake in Areva ultimately convinced the Germans that they could do better with another partner...
...other big problem is money. Areva needs about $14 billion to finance its business for the next several years--and $2.8 billion more to buy Siemens' joint-venture stake. One plan calls for the state to sell 15% of Areva to new investors. Areva also plans to sell off its shares of a number of smaller French companies as well as T&D, an energy-transmission affiliate that it bought for close to $1 billion in 2004, which is now valued at nearly $5 billion and accounts for 20% of the company's profits...