Word: successor
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Dates: during 2000-2009
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...decade of what he sincerely believed was his fight for democracy, Yeltsin surrendered his country and his subjects - whom he had so persistently urged to become citizens - to former KGB colonel Vladimir Putin. A few members of the democratic opposition still left now reproach Yeltsin for choosing a successor who dismantled the fragile freedoms Yeltsin had inaugurated. But the point was not his choice of successor as much as the method of succession, forgoing fair and transparent elections, simply announcing his resignation and appointment of Putin as his successor on New Year's Eve in 2000, followed by a token...
...bargain-basement sale of the Russian state's most lucrative economic assets to a cabal of oligarchs in exchange for their funding of his reelection in 1996. Indeed, it is in the context of the failings of the Yeltsin years that the authoritarian nationalist orientation of his successor, President Vladimir Putin, is best understood...
...monitor for the European Union. A local alliance of civil society observers called for the cancellation of Sunday's vote. "The election was a charade," they declared. "A democratic arrangement founded on such fraud can have no legitimacy." Even outgoing President Olesegun Obasanjo, who nominated Yar'Adua as his successor, admitted: "Our elections could not have been said to have been perfect...
InterContinental needed some attention. The company had bounced among a number of corporate owners, including Bass, the British brewer, then a successor entity called Six Continents that later busted up, leaving IHG as a publicly traded hotelier. Last year IHG earned $399 million in operating profit on sales of $1.6 billion. It has been busily selling off $1.3 billion in real estate while maintaining the management contracts. IHG returned $7.1 billion to shareholders in the past two years, but they want more: its prize properties in Paris, New York City and Rome may also go on the block...
...President should accept the resignation, and set a standard to which the wise and honest might repair in nominating a successor, who will keep the law, like Caesar's wife, above suspicion...