Word: baile
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...Federal Reserve has been doing in a big way in the U.S. The only options for Greece are to 1) scrimp and save to convince creditors that it can keep paying them off, 2) convince its fellow euro-zone countries--or maybe the International Monetary Fund--to bail it out, 3) default on its debts or 4) pull out of the euro...
However, Hancké describes a scenario in which continued market doubts could drive the value of Greek bonds to junk status, confounding outside efforts to bail Athens out and forcing Greece to simply abandon the euro before it drags the currency down to nothing. "Once that happens, markets then turn successively on indebted countries like Spain, Portugal, Italy and Ireland until they're driven out as well," Hancké explains. "At that point, even if a core of countries continue using the euro after so many others have left, the currency will have lost it's main original function...
...given to the pop icon at his home by Murray to treat insomnia in the hours leading up to his death on June 25. If convicted, the Houston-based cardiologist may face up to four years in state prison. Murray pleaded not guilty and was released on $75,000 bail. He is due back in court on April 5. (He was ordered to quit prescribing heavy sedatives, including propofol, to his patients.) (See TIME's tribute to Michael Jackson...
...public displays of vexation when the message is supposed to be unity, cohesion and the will to prevail together? The reason: many Europeans don't have the same "there's no other choice" attitude with Greece that they had last year when confronted with the need to bail out their banks to prevent a financial collapse. "I'm against [a Greek bailout], especially since the Greek government cheated in the first place and hushed up the real numbers," says Berlin physician Peter Seidel, 52. (Read "Why Greece's Economic Debt Crisis Threatens the Euro...
...wasn't a flattering comparison. In the meantime, Kissel can apply to be released on bail, and her lawyers have already started to argue publicly that the media circus surrounding her first trial will make it impossible for her to get a fair hearing. As he told reporters last week, "Can the milk-shake murderer get a fair trial in Hong Kong? Probably not." In the end, that might just be her strongest argument...