Word: addresses
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...told, the three plans address about $420 billion in toxic loans and assets that the government hopes to get off the balance sheets of banks. Will that be enough to nurse our nation's biggest banks and financial markets back to health? It's not clear. The plan leaves out tens of billions of dollars in bonds that were never AAA-rated and were hard to sell even in good times. The plan triggered a strongly positive stock-market reaction on Monday, when the Dow Jones industrials soared nearly 500 points. On Tuesday the market slipped 1.5%, as doubts about...
...government won't confirm whether attacks on police are on the rise, but it is concerned enough that the Ministry of Public Security held a conference late last year to address the issue. Colonel Huynh The Ky, the director of security in southern Ninh Thuan province who attended the conference, attributed the increase to "teenagers who lack proper education and are corrupted." Ky said he would like to see police provided with more sophisticated equipment in order to protect themselves, but he added that the "attitude of some police officials sometimes is not appropriate. Police have to work...
Trouble is, Indonesia is not exactly in the crosscurrents of the Islamic world. Despite its size, it has little impact on Muslim affairs. It is also somewhat removed from the big issues Obama will most likely address in his speech - extremism, terrorism, democracy, Palestine, Iraq, Iran, Afghanistan, Pakistan. "Indonesia's a nice place, but it is outside the mainstream of Muslim opinion," says an Arab diplomat who asked not to be identified. "A Muslim watching in Egypt, or in Syria, or in Iraq - they will wonder, 'Why is he speaking to us from so far away?' " (Read "What's Holding...
...Sipping tea in another Burmese town, I listened as a companion recalled his favorite line from the U.S. presidential inaugural address by John F. Kennedy: "Ask not what your country can do for you; ask what you can do for your country." Sitting between us was a shy young man who practiced this new English sentence over and over, savoring Kennedy's rhetorical flourish. The words took on a strange quality in Burma, a place where people don't expect their country to do much of anything for them. But the young student was willing to take up the challenge...
...Iran appears to have had a significant impact in Tehran. That much was clear by the speed with which Iran's Supreme Leader, Ayatullah Ali Khamenei, responded. Obama's call for a "new beginning" was released early Friday morning, and Khamenei answered, unusually quickly, in a live televised address on Saturday that offered the most detailed response yet from Iran's leader to a series of rhetorical gestures from the new U.S. Administration. The essence of Khamenei's answer was that it would take more than "changes in words" from Washington to turn a new page in the relationship...