Word: understood
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...says. "I've worked with a lot of NGOs, looking for support. But they say, 'We don't do that, we only do this.' It doesn't take much to provide something to bring the youth together and teach them about AIDS. It just takes a basketball court. ACHAP understood that. And they built it." Maybe running a drug company in Africa need not be so bad after...
...takeover is increasingly likely. "Who would be doing it?" asks Justin Urquhart Stewart at Seven Investment Management in London: "Anyone wishing to buy that asset book at discounted value." Lloyds TSB, another major U.K. lender, could well figure among any suitors to emerge in the coming weeks. It's understood to have been in talks with Northern Rock about a deal just days before the Bank of England rescue. If there's no appetite for taking it on whole, Northern Rock could be broken up. And should no credible bids be forthcoming, it may even be forced to wind...
...revenue is spent locally; all of the money goes to Minsk. Nor would there be any local structure such as a town council or community board to spend tax revenues. In the old days, a rural soviet (committee) would have met regularly. But attendance was enforced, and everyone understood that the proceedings were largely meangingless. Nowadays, no one bothers...
...Michelangelo and the Pope's Ceiling, portrays a Machiavelli who lived by more than cunning and reason. He consulted astrologers and believed that the heavens influenced political events. Although he championed dissimulation, he was incapable of it: he refused to flatter fools and regularly mouthed off to superiors. He understood suffering, once urging his son to release a mule from its halter so that it might "regain its own way of life." And he inspired not fear, but affection. During his long trips abroad, friends wrote him letters professing that they were "seized by a marvelous desire...
...state fall to the Spanish in 1512. Under the subsequently installed Medici family, he was imprisoned, tortured by having his shoulders dislocated, and banned from his former offices. He retreated to the countryside with his wife, then pregnant with their seventh child. King doesn't miss the irony: "He understood better than anyone else how to seize power, and yet deprived of power himself, he spent many long years in the political wilderness...