Word: suits
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...former chairman and CEO of American Telephone & Telegraph Co. (AT&T), who headed the company during the historic breakup of Ma Bell; in Richmond, Va. Brown, who spent his entire 40-year career at the company, opposed the breakup. But in 1982 he and his board settled an antitrust suit that split the world's largest company into eight parts--AT&T, with a long-distance and phone-equipment business, and seven Baby Bells...
...lend credibility--in the form of hard-currency collateral--so that MFIs can establish relationships with local banks and get better loan rates. Likewise, Citigroup has used its branches in places like Kenya to make local-currency loans to MFIs, with the hope that conservative local banks will follow suit...
...known as the Gold Souq. Reached through a wooden lattice gateway off Al-Ahmadiya Street in the old quarter of Deira, the shops of the souq jangle with glittering wares, ranging from discreet chains and dainty earrings to clunky bangles, collars and belts. The selection is broad enough to suit all tastes, from pure gold to pure kitsch. Tourists are left dazzled, not just by the variety and quality of merchandise on display but also by the sheer quantity of it: there are 10 tons of gold on sale at the souq at any given time...
...Russia." Abramovich was recently overheard at a party saying: "I would not find it too hard to make myself love life in Britain." Who could blame him for wanting to try? Last week, Russian authorities announced a tax probe into Sibneft. Then a Moscow court agreed to hear a suit against the Yukos-Sibneft merger. The Duma passed new rules to grant the state free rein to raise oil export duties and to strike tax amnesty from the criminal code. Finally, Finance Minister Alexei Kudrin pushed through a new bill to revoke regional tax breaks as of the New Year...
...Britney Spears.” The Michael Jackson business is a sign, not a shift, of cultural trends. Still, with two years and a bit behind us, the return of popular news culture to its previous depths should alarm us, for the simple reason that politics has not followed suit...