This stable outlook stands in sharp contrast with the situation in other parts of the world.

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The problems contrast sharply with the success in China of more low-key conglomerates such as New World Development and Cheung Kong.

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Both the outside world and the leaders of Iraq and Afghanistan agree that those countries, in contrast with some other conflict zones, should continue to exist within their present borders, and that a mixture of sects and ethnicities should live in them.

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Holding these meetings in the world's "south" is a good way for organizers to draw a contrast with the north's great wealth.

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Chowdhry downplayed the reputational risk to Satyam of the World Bank's bribery charges, noting that without offering any proof of wrongdoing, in contrast with other recent IT supplier-client disputes, the global institution seemed to have left itself open to a defamation suit.

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