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In 1995 the snacks division accounted for 44 per cent of PepsiCo’s

Posted on 17 July 2010

In 1995, the snacks division accounted for 44 per cent of PepsiCo’s operating profits and the figure is still rising. Internationally, profits from snacks in the same year rose by an impressive 16 per cent.And consider this statistic as a pointer to potential for global growth: the average non-American consumes just 2 pounds of crisps and pretzels in a year while the guzzling American puts away 17.5 pounds (a good part of it on Superbowl Sunday). All PepsiCo has to do is get the rest of the world as addicted to TV-snacking as Uncle Sam. “In the US, roughly a quarter- billion people create $6bn in sales,” Steven Reinemund, who heads the snack-food division, said recently. “There are 6 billion people internationally, so imagine the opportunity.”With the pizza and chicken wings leaving by the back door, a new mantra might be apt at PepsiCo headquarters: it’s time to take the Frito challenge.. A quarter of young female solicitors claim to have been subjected to sexual harassment during their careers, according to a survey published today. The report, “The Law at Work”, by legal recruitment consultancy Reynell, also reports that half of women solicitors feel they have experienced discrimination in their career because of their gender.
But the findings suggest that it is not only women who are suffering.

Assistant solicitors,lawyers who are not partners in their firms, feel undervalued. They complain that a “long hours culture” is blighting the profession and just under half of respondents say they feel vulnerable if they are not seen to be working the same hours as colleagues.They are also pessimistic about their chances of promotion and critical of management, with two out of three assistants unable to say they have full confidence in decisions made by senior partners.Reynell believes that some of the problems stem from poor internal communications, pointing out that relatively few assistants know enough about the performance of firms which, as partnerships, are not required to disclose financial information.Stuart Robinson, Reynell senior consultant, said: “British law firms have emerged from the recession providing a range and quality of legal services unrivalled by any other country.”However, there is evidence to suggest that the higher levels of competitiveness may be having an adverse effect on junior practitioners.”. The death of Asfa Wossen, Crown Prince of Ethiopia since 1930, almost certainly marks the final demise of thousands of years of Ethiopian monarchic tradition. He was born in 1916 in the ancient Adare walled city of Harar, for centuries an important Islamic centre of learning and trade in the Horn of Africa. Thirty years previously, in 1887, Harar had been captured and incorporated into the expanding (and traditionally Christian) Ethiopian Empire by Emperor Menelik II, King of the Kings.

Menelik had appointed Asfa Wossen’s grandfather, Makonnen, to be its first “Abyssinian” Governor, and in due course Makonnen’s son Tafari (Asfa Wossen’s father, later the Emperor Haile Sellassie) succeeded to the Harar governorate.
It was an unsettled period throughout Ethiopia. With the decline of the historic power centres in Northern Ethiopia and Tigray and the growing role of influential Muslims, Menelik’s grandson and heir, Eyasu (who ruled uncrowned from 1913) spent a lot of time in the conquered provinces. In 1916 Tafari, then governor of Harar, was recalled to Addis Ababa, where he played a prominent role in a coup d’etat against Eyasu being prepared by the traditional Orthodox Christian leaders and the Shewan nobility, with clear foreign support.Tafari had his wife, Menon (grand-daughter of the Negus – king – Mikael of Wello, Eyasu’s father) and son smuggled out of Harar. The young Asfa Wossen was left, in a traditional cradle attended by two servants, at the British Legation in Addis Ababa, to the supposed embarrassment of the Minister, the Hon Wilfred Gilbert Thesiger (father of the explorer). On 27 September 1916, at a meeting of notables and Orthodox clerics in Addis Ababa, Abuna (bishop) Mattheos announced the deposition and excommunication of Eyasu, accusing him of apostasy, by way of submission to Islam, and treason.Eyasu’s angered father, the Negus Mikael, at once took the field against the Shewan conspirators but surprisingly was defeated.

On 11 February 1917, Zaudito, a barren daughter of Menelik, was crowned Queen of the Kings; a Ras (leading nobleman) was made Negus and the youthful, modern Tafari became Regent with the title of Ras.It was still some years before Asfa Wossen’s position was further secured. His father was created Negus in 1928 and, finally, on 2 November 1930, crowned King of the Kings Haile Sellassie (Power of the Trinity); Asfa Wossen was himself given a Shewan royal title, Merid Azmach. In conversation most people began to refer to his new status by the popular term Algorash. He grew up fast in the strict court, fashioned after that of Sweden by the reformist Emperor with the help of an adviser from that neutral country.Asfa Wossen was only 16 when he, in turn, was married to Walata Israel, great-grand-daughter of the Tigrean Emperor Yohannes. Although, with others at the coronation, he had publicly pledged his loyalty to his stern autocratic father, and accompanied him on state duties whenever possible, Asfa Wossen was always closer to his mother. Over the years a seeming gulf developed between the prince and his father, who openly favoured his second son, Makonnen.Asfa Wossen was appointed governor of Wello in the early 1930s, and after a major flare-up, in which his mother interceded, he began to spend more time in Dessie, Wello’s capital city.

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