Word: sterne
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Sometime in the afternoon of July 5, agents from the Shanghai State Security Bureau - the agency that pursues cases of espionage within China - arrested and detained Stern Hu, an Australian citizen who is a senior Shanghai-based executive for Anglo-Australian mining giant Rio Tinto. Three of Hu's deputies, who are Chinese, were also detained that day. On July 8, Rio confirmed that Hu and his colleagues had been detained on suspicion of selling "state secrets." The Chinese government confirmed the detentions only on July 9, and the Australian Consulate in Shanghai said its representatives would be able...
...conceivably be a relatively ordinary case of suspected industrial espionage. But the timing, the people and the company involved in this case make it anything but routine. The arrests have thrown already-fraught relations between Australia and China - its largest trading partner - into an uproar, and for good reason: Stern Hu and his deputies were in charge of Rio Tinto's negotiations over the price of iron ore with Chinese steelmakers. China is now the word's largest consumer of iron ore, and Rio its largest supplier - shoveling vast amounts of high-quality ore from its huge mines in western...
...global hedge-fund industry group, calls proposed disclosure requirements bureaucratic. Kinetic Partners, a consultancy for the U.K. hedge-fund industry, reckons meeting stricter capital requirements and risk-management rules could cost British funds as much as $5 billion. For those outside the E.U., though, the proposals are just as stern. Managers or funds elsewhere in the world that don't meet equivalent regulatory standards will be barred from touting to European investors. "Basically," says Julian Korek, founding member of Kinetic, the region "becomes fortress Europe...
...rack of her shame on fire, with her abusive husband in it. She took a similar part - another woman who exacts vengeance from the man who raped her - in William Mastrosimone's off-Broadway play and then 1986 movie Extremities. Facing every sordid challenge with a schoolgirl's stern concentration, she gave herself to the bullying demands of the role like a virgin martyr. Her performance had an unadorned artistry; it was singed with movie truth...
...Buck's HBO debut was marred, however, by a bizarre performance from Artie Lange, a comedian featured on Howard Stern's radio show. During a panel discussion that also featured actor Paul Rudd and Jason Sudeikis of Saturday Night Live, Lange unleashed a string of ribald remarks and quipped that the segment would be Buck's last. HBO said the appearance "bordered on bad taste." Said Buck: "Live is live. Things were said at the end that I am not a fan of, but people can judge what Artie said however they want...