Word: backwardation
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...Konlin Shen '13 started it out with some playful face-offs, but when Felix de Rosen '13 and Ryan C. Cutter '13 joined to make it a four-way dance off, it really got ugly. There was breaking, moon-walking, frequent recurrences of the worm (forward, backward, slow, fast….), hat spinning, headstands, gliding, and a near-disastrous chair collision, among many other memorable moves...
...those seductive returns. The S&P report, issued Friday, indicates that many of the best-performing funds relied on short-term strategies and paid little attention to the underlying fundamentals of the stocks in their portfolios, which could lead to a performance problem in 2010. "Using only a backward-looking approach to selecting funds [i.e., past performance] has significant flaws because it ignores the fundamentals of the stocks owned by the fund along with relevant risk and cost factors of the fund," the report said. (See five painless ways to cut expenses...
...Island Apart Nestled in one of the most backward parts of one of the world's least developed nations, the Ramu mine has emerged as an acute example of resentment against China Inc. In 2004 P.N.G. Prime Minister Michael Somare returned home from Beijing, triumphant at having snared the country's largest foreign-investment project to date. The euphoria was short-lived. Landowners brandished slingshots and announced they wouldn't sign off on their tribal territory being used for mineral extraction, no matter what document was signed in China's Great Hall of the People. Environmentalists cried foul over plans...
Writes Denis Overbye in The New York Times, “A pair of otherwise distinguished physicists have suggested that the hypothesized Higgs boson, which physicists hope to produce with the collider, might be so abhorrent to nature that its creation would ripple backward through time and stop the collider before it could make one, like a time traveler who goes back in time to kill his grandfather.” In other words, creating an amount of energy three to four times times the amount created during a nuclear fission reaction—a possibility realizable with the detonation...
...what was the reaction of the foreign press, in particular some of our NATO allies? Afghanistan is ultimately a very backward country, and as long as it doesn’t become a big base for al Qaeda, it has no real bearing on Europeans’ interests. It is more difficult for an American to speak that truth. We inflate the danger due to the shock of 9/11. We also started the war, so we naturally have a greater stake in seeing it through. Europeans clearly don’t feel that. They help us, but there?...