Word: amid
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...Only in April 1932, amid heavy political pressure, did the Fed attempt large-scale open-market purchases - its first serious effort to counter the liquidity crisis. Even this did not suffice to avert a final wave of bank failures in late 1932, which precipitated the first state "bank holidays" (temporary statewide closures of all banks...
...amid all of the gloom, many Asians can't help but remain optimistic. After decades of rapid growth, it seems impossible to some that new jobs and rising incomes will somehow suddenly vanish. Gao Yajun, a 26-year-old Beijing photographer, sees opportunity in crisis. "My hunch is that it might turn out to be a golden opportunity to make money," he says. That spirit may be Asia's best protection against America's problems...
...Each doctor may carry one weapon for self-defense.' IRAQI GOVERNMENT, announcing in a statement that the nation's doctors may arm themselves amid increasing violence against health-care workers...
...Amid such genteel disagreements, there was one point of unanimity: the economic crisis will have profound political repercussions on both sides of the Atlantic, but it's hard to anticipate exactly what these will be. Certainly it's unclear whether voters in either country will take revenge on incumbent parties for their part in the mess or will shy away from younger challengers, preferring to put their trust in political veterans. It's the second scenario that Ed Cox, who heads up McCain's campaign in New York, told delegates in Birmingham he expects will give his candidate the edge...
...Greater Israel forever. Along with former Prime Minister Ariel Sharon, Ehud Olmert gradually came to understand that this was a fantasy. They broke away from Likud and created the centrist Kadima ("Onward") Party three years ago. Now, as Olmert hands the reins to Tzipi Livni and leaves office amid a corruption scandal, he's made a series of stunning departure statements that form a swan song of historical importance. Peace advocates, Israeli dreamers, Arab skeptics and U.S. mediators in a future McCain or Obama Administration should read his words carefully and take note...