Word: voting
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...Analysts are concerned that the vote of no confidence from the government would cause consumers to flee the banks, taking deposits and forcing the firms to liquidate or be sold. Among the nation's largest banks that have not yet announced they have been approved for the government's TARP assistance are Synovus Financial Corp, M&T Bank, New York Community Bancorp, Colonial Bancgroup and the South Financial Group...
...With more than 90% of the vote tallied, Barkat won with 50.7% of the vote to Porush's 42.05%. A Jewish Russian billionaire and former arms dealer, Arcady Gyadamak, failed in his bid to turn out the city's Arabs, who traditionally boycott the elections. He placed a distant third in the polls with 3.51%, while a fourth candidate, a bar owner who campaigned to legalize marijuana, collected one half percent of the vote...
...During the campaign, ultra-orthodox candidate Porush seemed a sure winner. Traditionally, the haredim vote in a solid block, obedient to their rabbis. But Porush, a snowy-bearded, autocratic "prince" of a political-religious dynasty, had angered many Hassidic Ger rabbis, known for wearing black, long-tailed robes and boxy fur hats even during the sweltering summer heat. For generations, the Porush family and the Ger have been rivals inside the cloistered Haredi community...
...mayor may have trouble delivering such a secular 'miracle'. Taken together, ultra-orthodox parties will still be the largest block in Jerusalem's city council. In order to win over the large religious Zionist vote, Barkat, a former city councilman, swung from the center to the far right, campaigning on promises to build more Jewish settlements in Arab East Jerusalem. U.S. administrations and the international community have repeatedly said that these settlements are an obstacle to peace between Israelis and Palestinians...
...Many of East Jerusalem's 250,000 Arabs are entitled to vote, but few did. Most heeded warnings from Palestinian leaders in Ramallah who said that voting in municipal elections is tantamount to recognizing Israel's "illegal" claim on East Jerusalem. Militants tried to set fire to ballot boxes in one neighborhood, and throughout East Jerusalem, only 2% of Arabs, mainly city workers and their families, turned out to vote. "The election boycott was a success," crowed one activist, who supports Palestinian President Mahmoud Abbas's Fatah movement...