Word: staking
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WBUR claims that in July 2000, Lydon wanted to make "Connection" into a for-profit venture in which he and his partner, Mary McGrath, would have an equity stake, a wish WBUR was unwilling to grant...
...back, hoping that the Lebanese will put pressure on Syria. The Lebanese government doesn't want Hezbollah to keep sniping at Israel in the Shebaa Farms area, which is not even part of Lebanon. The Israelis are also hoping to make the Syrians aware that their own considerable economic stake in Lebanon is in jeopardy if Hezbollah attacks continue. But right now, Syria has been slapped in the face, and they'll be feeling pressure to retaliate - probably via Hezbollah, although nobody knows where or when. So now Israelis are waiting for the backlash on all fronts...
...deal involves a complicated four-way swap of shares. Munich Re, Allianz's cross-town insurance rival in the Bavarian capital, is swapping its 40% stake in Allianz's life insurance arm, Allianz Leben, for Allianz's 17% stake in HypoVereinsbank. Dresdner is also doing a share swap with Munich Re. In the process, the center of gravity of German finance moved a step toward Munich from its traditional base in Frankfurt. "By reducing cross-holdings, Allianz and Munich Re are laying the foundation for a crucial realignment within the German financial services sector," said Allianz chairman Henning Schulte-Noelle...
China had so much to lose by putting Bush in a corner that U.S. analysts found it hard to figure Beijing's motives. Why would Jiang stake so much on one spy plane? He could have fed the U.S. crew a nice Chinese meal and sent them home, earning all kinds of Western goodwill. Instead, he kept raising the stakes, demanding an apology before anyone had a chance to investigate the incident or debrief the pilots on either side...
...combines the characters for danger and opportunity. Despite the risks to U.S.-China relations, a small group of China specialists in Washington views the spy-plane incident as the best chance yet to alert the Establishment to Beijing's growing strategic threat to the U.S. "This basically puts a stake through the heart of appeasement," says Edward Timperlake, a former Marine fighter pilot and an author who worked in the Reagan Administration...