Word: stockings
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...Zheng Shihua, who runs a trading house out of a storefront that doubles as his family home: "I never dreamed the prices would get so high. I'm scared to buy raw materials now, because I don't know when the price will fall. It's like playing the stock market...
...disaster personnel do: quietly, efficiently - without alarming the public with color codes and "special reports." Tony DiBiasio Surprise, Arizona, U.S. President Bush is right on target. Terrorists are our biggest threat. Forget worrying about the economy. That won't matter if we allow terrorists to destroy our nation. Rosemary Stock Strongsville, Ohio, U.S. Highly sensitive information about possible terrorist attacks, regardless of the public interest, should be revealed only on a need-to-know basis. And that need should be determined by the ability to do something about the threat. Ben Thompson Marietta, Pennsylvania, U.S. Saddam Hussein was a very...
...President Putin's stock response has been to blame the offensive on "international terrorism," a phrase that invokes al-Qaeda and sidesteps any acknowledgement that Russia may, in part, be reaping the whirlwind of what Putin has sown in Chechnya during his almost five years at the helm. Even in its most explicitly jihadist form, Chechen terrorism is a homegrown affair, although factions of the Chechen separatist movement have received financial and political support from Qaeda-aligned elements abroad - and a handful of Arab mujahedeen have long played a role in the Chechen insurgency. The Russian crackdown, which began late...
...world's largest bank, with assets of $1.7 trillion, outstripping U.S.-based Citigroup and Japan's Mizuho Holdings. But Yoshifumi Nishikawa, SMFG's iconoclastic CEO, has refused to bow out gracefully. Shortly after MTFG's deal was announced, he offered to merge with UFJ in a one-for-one stock swap valued at $29 billion?a generous 30% premium to UFJ's average market value over the past six months. "We went public with the merger proposal so that UFJ management and shareholders can decide on the better partner," says SMFG spokesman Takashi Morita, espousing sentiments rarely heard in Japan...
...upgrading his recommendation. Shell's stock isn't the bargain it was last winter after the reserves scandal broke, when it traded at around $6.30. Keeping it buoyant: plans for a big revamp of Shell's corporate structure and continuing rumors - dismissed by both sides - that France's Total might try to acquire the company. Losing Ground Control Ah, summertime, when the livin' is easy and Europe's airlines enjoy a holiday boom - right? Not exactly. Alitalia CEO Giancarlo Cimoli last week warned that the state-owned carrier faced collapse within 20 days unless unions agree to cost cuts...