Word: stucke
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...part, Citigroup says its turnaround plan - which has effectively split the company in two - is working. And while Citi Holdings, in which Citi has stuck its mortgage loans, is still in bad shape, Citi officials say Citicorp, which the bank calls its "core" investment bank and its retail bank divisions, is on the mend. Later this week, Citi plans to complete the first stage of a deal to swap a large chunk of its preferred shares for common stock, which will greatly improve the financial standing of the bank - though it will also more than quadruple the company's shares...
...Korean attack. However, this tripwire will likely become a vital part of international security in the next few years. North Korean leader Kim Jong-Il is a dying man. He has not prepared his 24-year old son and heir, Kim Jong-Un, for succession. Now, the world is stuck with a boy-king who is ill-trained to fend off power-hungry generals bred on Pyongyang’s “military first” policy. Such is the North Korea of nightmares, where nuclear weapons are not a carefully-kept international tease, but a valuable trump card...
...volume in the abortion debate has been stuck at rancorous screaming for so long that when it gets turned down, it's disorienting, like walking outside after a rock concert and trying to hear again. So the significance may not immediately register when two House Democrats introduce legislation on July 23 aimed at reducing abortion rates. But regardless of whether their bill succeeds or fails, the broad array of supporters behind it represents a dramatic break from nearly four decades of post-Roe politics. (Read "Understanding America's Shift on Abortion...
...reports paint a portrait of a country stuck at the bottom of the class just 2½ years after it joined the E.U. Bulgaria's lack of progress is all the more glaring given the initial assumptions, in both Brussels and Sofia, that E.U. accession would lock in the reform process, pulling Bulgaria into the European mainstream. But the country is still plagued by corruption, gangland violence and feeble law enforcement. The system's failings were all too visible earlier this month, when two men indicted for running a criminal mob involved in racketeering and extortion were freed on bail...
...frosty. Talks about a new bilateral treaty on political and economic cooperation have made little headway. Hopes for a free trade agreement between Brussels and Moscow have withered after Russia last week put its application for membership in the World Trade Organization on ice. E.U.-Russia energy cooperation remains stuck, which increases the risk of yet another gas crisis this year. Europeans have responded to Moscow's ideas about constructing a "new European security architecture" with a distinct lack of enthusiasm...