Word: u-turn
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...missile system. But just because Russia had furiously opposed the missile shield on its doorstep doesn't necessarily mean building it would have been a good idea. The military rationale for Obama's move is hard to argue with. (Read "Mixed Reactions in Europe to the U.S. Missile-Defense U-Turn...
With GM struggling with a serious case of cold feet, it's not too late for Stronach to do a U-turn on Opel without losing face - and at the same time ensure the future prosperity of the empire he has already built...
...Prime Minister has been executing a U-turn in slow motion.' WILLIAM HAGUE, British shadow Foreign Secretary, after Prime Minister Gordon Brown reversed his earlier decision to conduct a closed-door inquiry into Britain's entry into the Iraq war; Brown has since agreed to open some sessions to the public...
...expected. In the past, Chancellor Angela Merkel's conservative CDU party has steered clear of state intervention in the economy. But as the global downturn took its toll on German firms and the financial crisis brought a few major banks to its knees, Merkel has embarked on a big U-turn. First, there was the bail-out of the property lender Hypo Real Estate, then the part-nationalization of Germany's second biggest bank, Commerzbank. And don't forget the two fiscal stimulus packages (amounting to $116 billion (€82 billion over 2 years) aimed at kickstarting Europe's biggest...
...Porsche announced the U-turn late on Wednesday after a series of intense meetings between Wolfgang Porsche and Ferdinand Piech, the patriarchs of the families that control the two iconic German companies. Now, VW and Porsche will enter weeks of intense talks to thrash out the final structure of a merger that will add Porsche as a tenth brand to VW's stable, which already includes Audi, Bentley and Czech manufacturer Skoda, as well as the VW brand. (See the 50 worst cars of all time...