Word: year
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Dates: during 2000-2009
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Perhaps Citi should have slept on Dubai. A year and a half ago, Citigroup became the first U.S. bank to relocate one of its rising stars, Alberto Verme, an investment banking executive, to the booming gulf state. At the time, Citi CEO Vikram Pandit said the move was a sign that the bank was "convinced of the region's long-term and immense growth opportunities...
...emerging as the star of the holiday shopping season: consumer electronics. "We're seeing incredible growth, particularly with netbooks and TVs," says Andrew Hargreaves, an analyst at Pacific Crest Securities. According to the Consumer Electronics Association, 80% of adults say they intend to purchase technology as a gift this year, the highest figure in the 16 years the organization has tracked holiday shopping patterns. On Monday, Dec. 13, Citigroup analyst Kate McShane raised her price target for Best Buy, the country's dominant electronics retailer, from $40 to $45 per share. "We are seeing stronger traffic at [Best...
...Year in Pictures...
...Camara hardly inspired much hope. In a documentary on news network France24, the 35-year-old soldier was keen to show off his bedside literature: a copy of the self-help book The Power of Positive Thinking. The hallway of his barracks is hung with a clumsy oil painting of him riding a horse, eyes fixed on the horizon like some latter-day Napoléon. Many in Guinea maintain that Camara lost control over the army within months of seizing power in a Christmas coup after the death of President Lansana Conte. He himself admitted as much after...
...addition, the Islamic month of Muharram begins on Dec. 18 this year, kicking off 10 days of ceremonies in Shi'ite Islam that culminate on the holy day of Ashura, when the martyrdom of Hussain, grandson of the Prophet Muhammad, is mourned. Public events occur in every city, town and village in Iran, and as with other religious holidays that have occurred since June, the opposition is likely to encourage supporters to come out and defy the regime. To prevent this, the conservatives who control the government may try to portray the protesters as desecraters of the legacy of Khomeini...