This allowed the new business, once local-government approval was obtained in China, to accept foreign private-equity money invested into the overseas holding company, while abiding by the letter of Beijing's restrictions on foreign investment in domestic enterprises.
Among those left cowering in the basement as American commandos hunted the bombers was Norway's foreign minister, Jonas Gahr Stoere, who had been holding a meeting in a place seen as secure.
But holding a portion of one's wealth in a basket of foreign currencies is advisable, he says, as a portion of one's consumption over time comes from foreign goods produced both in developed and emerging markets.
As well as Mr Jalili's visit to Damascus, Iranian Foreign Minister Ali Akbar Salehi has been holding talks in the Turkish capital, Ankara.
Its sales rise slowly (foreign growth offsetting sluggish conditions in the U.S.), but by holding costs down its profits rise a little more swiftly.
Right now, the Fed supervises some 5, 000 bank holding companies, 850 state-chartered banks and foreign banks operating in the U.S., and it has broad oversight of large financial firms.
But then everybody knows that not cultivating Mr Helms, whose latest fit of pique is holding up the confirmation of America's ambassador to Mexico, would do foreign policy no good.
U. wanted foreign subsidiaries of U.S. investment banks to follow Basel II and wanted their parent holding companies to be regulated.
FORBES: Regulatory Roulette: A Dangerous Loophole In The New Capital Requirement Rules
Mr Sharon's comments were seen as a reference to his Foreign Minister Shimon Peres who has been holding talks with the Palestinian Parliament Speaker Ahmed Queira about the framework for a possible peace deal.
This rule allows a foreign holding company to receive dividends from operating subsidiaries and transfer the proceeds to other foreign subsidiaries without U.S. taxation.
FORBES: Fiscal Cliff Tax Deal Extends Key International Rule
So far Georgia's economy seems to be holding up, but it will be essential to maintain the flow of foreign direct investment.
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