Soviet territorial demands. The Finns staged a strong defense for three months before being forced to cede the Soviets 16,000 sq mi (41,440 sq km). Under German pressure, the Finns joined the Nazis against Russia in 1941, but they were defeated again and forced to cede the Petsamo area to the USSR. In 1948, a treaty of friendship and mutual assistance was signed by the two nations. Finland continued to pursue a foreign policy of nonalignment throughout the cold-war era. Running on a platform to revitalize the economy, Ahtisaari, a Social Democrat, won the country's first direct presidential election in a runoff in Feb. 1994. Previously, presidents had been chosen by electors. Finland became a member of the European Union in Jan. 1995. On Jan. 1, 1999, Finland, along with ten other European countries, adopted the euro as its currency. In 2000, Tarja Halonen, who had been Finland's foreign minister, became its first woman president.
Today, a rapidly declining 10 percent of the Chinese population is below the poverty line. 90.9% of the population is literate, [63] compared to 20% in 1950.[64] The life expectancy in China is the third highest in East Asia, after Japan and South Korea. There is a large wealth disparity between the coastal regions and the remainder of the country. To counter this potentially destabilizing problem, the government has initiated the China Western Development strategy (2000), the Revitalize Northeast China initiative (2003), and the Rise of Central China policy (2004), which are all aimed at helping the interior of China to catch up. China is undergoing major reforms in its financial sector, which has been plagued by nonperforming loans made in the 1980s and early 1990s to inefficient state-owned enterprises. The government has spent five years and more than US$400 billion cleaning bad loans off the books of the big four state-owned banks, helping prepare them to become
Several of its largest franchises entered bankruptcy due to the issues surrounding the performance of the brand. In 2002, a troika of private equity firms led by TPG Capital, L.P with associates Bain Capital and Goldman Sachs Capital Partners agreed to purchase BK from Diageo for $1.5 billion (USD), with the sale becoming complete in December of that year. The new owners, through several new CEOs, have moved to revitalize and reorganize the company, the first major move was to re-name the BK parent as Burger King Brands. The investment group initially planned to take BK public within the two years of the acquisition, this was delayed until 2006. On February 1, 2006, CEO Greg Brenneman announced TPG's plans to turn Burger King into a publicly traded company by issuing an Initial Public Offering (IPO). On February 16, the company announced it had filed its registration for the IPO with the Securities and Exchange
Maintaining roads is an ongoing job. propose v. to suggest or plan to do something n. proposal Syn. suggest n. proposition adj. proposed The governor is going to propose new taxes. Her proposal was well accepted. restore v. to give back or bring back something; to n. restoration return to the original condition adj. restored Syn. revitalize He restored my confidence in hint. It is a beautiful restoration of the old table. vital adj. of great importance, full of life n. vitality Syn. indispensable adv. vitally Money is vital to the success of the program. His intense vitality was easily observable. MATCHING Choose the synonym. 1. indispensable 6. observe (A) abrupt (A) alter (B) abroad (B) notice
it would be a lot less dangerous to my health. 3 "There's no way your mom and Stanton are going to let you come out here at night multiple times a week," Cary said, hugging his stylish denim jacket around him even though it wasn't more than slightly chilly. The converted warehouse Parker Smith used as his studio was a brick-faced building in a formerly industrial area of Brooklyn presently struggling to revitalize. The space was vast, and the massive metal delivery-bay doors offered no exterior clue as to what was taking place inside. Cary and I sat in aluminum bleachers, watching a half-dozen combatants on the mats below. "Ouch." I winced in sympathy as a guy took a kick to the groin. Even with padding, that had to sting. "How's Stanton going to find out, Cary?" "Because you'll be in the hospital?" He glanced at me. "Seriously. Krav Maga is brutal.