Word: giante
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...Evidence of just how bad the global recession is shaping up to be is building fast. The worst of the news Monday came with the announcement that financial insurance giant American International Group had lost $61.7 billion in the last quarter of 2008, the largest quarterly loss in corporate history. As the insurer of much of the toxic American mortgage debt that detonated the implosion of the world's finance markets, AIG is now also set to take on an additional $30 billion in U.S. government rescue funding beyond the record-setting $150 billion in aid it received last year...
...Shutting down Guantánamo is a giant step. But, as we have learned so dearly in the past, decisive action calls for a coherent exit strategy. More crucially, the United States and its allies need a new game plan for handling international terrorist suspects—a strategy that jives with both human-rights concerns and a stronger commitment to multilateral counterterrorism...
...McCahill said.The men’s alpine team was led by junior captain Chris Kinner’s 27th place effort in the men’s Slalom event, moving up 18 spots from his starting position. He did himself three places better in the men’s Giant Slalom event, as he finished 24th in that race.The small roster of the women’s alpine squad once again hurt the Crimson’s chances of moving up the ranks in the team standings, as the contingent had only one member compete over the weekend. Freshman Caroline...
...University has inked a custom loan arrangement with financial services giant JPMorgan Chase designed to make it easier for international graduate students to fund their education, Harvard officials announced Friday...
...China's shopping spree has gone far beyond oil. The Australian government is examining a bid by the Aluminum Corp. of China or Chinalco to buy an 18% stake of the heavily indebted minerals giant Rio Tinto, for about $19.5 billion. It is also considering a bid by the Beijing trading company Minmetals to buy Australia's mining company Oz Minerals for about $1.7 billion - enough to wipe out that company's debt. Meanwhile, Chinese president Hu Jintao made a five-country swing around Africa in early February, signing deals in Tanzania and Madagascar on agriculture and telecommunications, and promising...