Word: appearantly
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...Imminent bankruptcy concerns at GM/Ford appear overdone and any potential GM-Chrysler deal that enhances liquidity at the new entity may lead to a rally in GM shares as well as the shares if its dependent suppliers. But we increasingly view such a rally as potentially tenuous," said J.P. Morgan's Himanshu Pate in a recent note to investors still hanging on to shares trading at historic lows. That no longer includes Kirk Kerkorian. The Los Angeles mogul, who has made a fortune buying and selling auto stocks over the past two decades, dumped his big block of Ford shares...
Despite the speed of the oil boom, the price crash has jolted OPEC countries, which appear to have assumed that high prices were here to stay. Nigeria and Iran have both set their national budgets according to prices of about $80 a barrel, and Qatar's expectation has been $90 a barrel. "Producers very quickly got used to $100-plus prices," says Lee. "They thought of it as normal and justified. They seem to have very short memories...
Though federal funding rules for this research appear likely to change no matter which candidate is elected, the recent discovery of less controversial approaches to creating stem cells might render the point moot. McCain and Palin have said this potential is reason to hope there will one day be no need for embryonic methods...
...reopen negotiations, as Defense Secretary Gates and other officials have made clear. And given the political hurdles faced by any pact to extend the U.S. troop presence in Iraq, it may well be that no agreement can be reached before the current U.N. mandate expires. The Iraqis don't appear overly bothered by that possibility, suggesting that the U.N. mandate could simply be extended by the Security Council for another year. Washington has strongly discouraged that view, warning that following the summer's Georgia conflict, Russia may be in a spoiling mood and veto such an extension - although Russian foreign...
Meanwhile, as things wind down, Murphy's Law takes over: If something can possibly go wrong, it will. In the final days of one of Bob Dole's presidential campaigns, a GOP superstar was scheduled to appear in a splashy "turn things around" rally for Dole and make a surprise endorsement. The phone rang late the night before--the superstar was canceling the appearance, citing a "dental emergency." At least give that shirker points for creativity. Candidates know that national politics is a brutal Serengeti, and the animals that roam there have highly attuned survival instincts. When they start...