Word: strucke
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...climate finance for poor countries promised in the deal - around $30 billion for the period to 2012, and $100 billion annually by 2020 - as far short of the needs of the nations hardest hit by global warming. Perhaps most of all, they were angry because the deal was struck behind closed doors by a handful of powerful nations, and then presented to the rest as a fait accompli. "This events of tonight represent the worst development in climate change negotiations," said Lumumba Stanislaus Di-Aping, Sudan's ambassador to the U.N. and the lead negotiator for the G-77 group...
...presidential amnesty struck down by the court was issued by Musharraf in October 2007 as part of a power-sharing agreement brokered by Washington and London to pave the way for Zardari's slain wife, former Prime Minister Benazir Bhutto, to return to Pakistan. After her assassination, Zardari returned from exile, led her party to victory in the elections and stepped into the office of President after Musharraf's resignation...
...weaker, not stronger. The move will reduce Citi's capital ratios and hurt earnings; it may also accelerate a retreat of foreign investors from the company's shares. Worse, the government is demanding stricter terms from Citi than it did from Bank of America on the repayment deal it struck just a week ago. The different treatment shows that the government remains more concerned about Citi's finances than those of its rivals...
...Finally, the deal Citi struck with the government may indicate to investors that the bank is actually in worse shape than many thought. To exit TARP, Bank of America was required to raise $18.5 billion in new capital, or about 40% of the $45 billion in capital it repaid the government. Other banks have had to raise as much as half of the amount they want to pay back the government in new capital. Citigroup, though, is required to raise more than 100% of what it wants to pay back - $20.5 billion in new capital, half a billion dollars more...
...struck a highly accusatory tone in interviewing Melinda Duckett,” he wrote in the statement...