Word: stakes
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...Frankly, it's amazing the anti-business push lasted as long as it did. Huge amounts of money are at stake, and nothing focuses lobbying efforts like the bottom line. California's agriculture industry alone is a $31 billion-a-year behemoth, a point made with more than a little intensity yesterday by California Senator Diane Feinstein as she put through an amendment opening the door for 1.5 million new agricultural workers to enter the country. Reiff of the Essential Workers Immigration Coalition claims 5% of the U.S. workforce are illegal immigrants and that industry needs...
...Witness the examples of India, Pakistan and North Korea, all of which have openly defied international strictures against acquiring nuclear weapons. With so much bluster on all sides, here is a breakdown of the issues at the heart of Iran's showdown with the West--and what is at stake for the world in the outcome...
...Sinopec, also known as the China Petroleum and Chemical Corporation. Those shares were worth a total of $8.3 million on the New York Stock Exchange at noon yesterday. Since Sept. 30, 2001, when Harvard first reported to the federal Securities and Exchange Commission (SEC) that it had purchased a stake in Sinopec, the price of shares in the Beijing-based firm has quadrupled...
...divestiture from Sinopec comes almost exactly one year after Harvard relinquished its stake in another Beijing-based firm, PetroChina, that also played an extensive role in Sudan’s oil export industry. “Oil is a critical source of revenue and an asset of paramount strategic importance to the Sudanese government,” the Harvard Corporation said in a statement at the time...
...most recent SEC filing, Harvard also reported that it owned 48,100 shares of Tatneft—a stake that is now worth $5.1 million...