Word: banke
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Dates: during 2000-2009
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...there are other ways for Washington and Beijing to work together. In fact, it's happened before. The most effective sanctions ever levied against the North were those designed and imposed by the U.S. Treasury Department during the Bush years. Not only did Treasury manage to freeze a Macau bank account through which the North Korean regime allegedly laundered millions of dollars, but it also persuaded several large banks in China to stop doing business with North Korea. In 2006, Kim Jong Il made removal of those sanctions a precondition of returning to the so-called six-party talks...
...Afro-haired, fist-bumping "Angry Black Woman" that characterized her during the campaign. Brand Obama is what we saw, but we are no closer to understanding the kind of woman who dresses up to plant a vegetable garden or buys $540 Lanvin sneakers and wears them to a food bank. This is a good snapshot of how meticulously Brand Obama is executed but we are going to have to wait for an article that reveals the real Meaning of Michelle. Part of me actually prefers the Afro-haired, angry black woman. C. Stewart, LONDON...
...Stockholm Breaking the Bank for War Despite the global economic downturn, world governments spent $1.46 trillion on defense in 2008--a new record, according to the Stockholm International Peace Research Institute. The U.S. continued to top the list, spending $607 billion to upgrade its armed forces--more than seven times the amount spent by China, which beat out the U.K. for the No. 2 spot for the first time...
...politeness fool you," says Elizabeth Warren. The Harvard Law professor and head of the congressional panel monitoring the bank bailout had just finished a hearing in New York City and was nibbling at a dish of pasta with zucchini. "I can't think of anyone I'm afraid of," she adds. "Certainly not someone who may have had a hand in bringing this country to the brink of disaster...
...most difficult, or perhaps impossible, jobs in Washington: chairing a bipartisan panel tasked with scrutinizing how the Treasury Department - first George W. Bush's, now Barack Obama's - is spending the $700 billion in federal money intended in large part to shore up failing banks. The role has Warren monitoring the decisions of Treasury Secretary Timothy Geithner, Federal Reserve Chairman Ben Bernanke and the big-bank CEOs who have taken taxpayer money to clean up companies' balance sheets. If Warren's journey from Harvard to the center of the emergency financial-rescue effort were a movie, it could be called...