Word: businessmen
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Dates: during 2000-2009
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...think it was invented by Berezovsky somewhere in the '90s," he says dismissively, referring to Boris Berezovsky, the former oil and media magnate who prospered during Yelstin's rule but fled Russia facing accusations of fraud after Putin took charge. For most of that decade, between five and 10 businessmen (most notably Berezovsky, Mikhail Fridman, Mikhail Khodorkovsky, Vladimir Potanin and Vladimir Gusinsky) ruled Russia. Their power reached its height at Yeltsin's re-election as President in 1996 - the same oligarchs who financed Yeltsin's campaign went on to buy lucrative state assets at knock-down prices. When he took...
...firms to invest in a wide range of Taiwan industries for the first time. Now Ma wants to forge a "comprehensive economic framework" with Beijing that would give Taiwan companies easier access to the China market. San, the deputy minister, believes Taiwan's shared culture and language give its businessmen an advantage in China that could make a partnership between the two especially powerful. Taiwan "has a unique relationship with China that is totally different from other countries in Asia," San says. "Our policy is to allow our firms to fully explore such advantages. There is a very good chance...
...side to the dominance of the KDP and PUK in Kurdistan. Human-rights groups claim that the ruling parties use security issues as an excuse to jail and torture opponents and rivals. In addition, the parties' leaders control vast sectors of the region's economy, and foreign and local businessmen say it is nearly impossible to start a venture in Kurdistan without a silent partner from one of the two groups. Critics also say the parties use the allocation of jobs in schools, hospitals and government ministries as a way to enforce loyalty. And the region's few independent media...
...some businessmen hope to establish East Africa as an outsourcing center. Soon enough, instead of asking an operator in India to cancel your stolen credit card, you might get a Kenyan on the line. "It gets rid of the potential excuses for decision-makers not to consider Kenya, since we are now absolutely equivalent to anyone else in the world in terms of our connectivity," says Eric Nesbitt, operations manager for Kenyan call center KenCall. "If you consider Kenya as a rural part of the world and we have little dirt tracks, all of a sudden someone's building...
...foreigners continue to be the intended victims of terrorism in Indonesia. Not only did the bombs detonate at the JW Marriott and Ritz-Carlton hotels, which are popular with foreign guests, but also the suicide attacker at the Marriott appears to have deliberately targeted a group of mostly Western businessmen and diplomats with his explosives. While his counterpart at the Ritz-Carlton focused on the busy restaurant where people were breakfasting, the Marriott terrorist walked toward a side room where a group of Jakarta-based expatriates was conducting a regular business meeting...