Word: banking
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...monopolized headlines around the world. Partly because of this, credit conditions in Spain are among the worst in Europe, and the country is particularly vulnerable to the global economic downturn that everyone is expecting. Bad economic performance is a self-fulfilling prophecy. According to the Bank of Spain, consumer confidence is lower than it’s been since the last housing crisis almost a decade ago, and many large conglomerates are finally facing the consequences of borrowing irresponsibly in hopes of a windfall...
Still there is no denying the good fortune that has helped McCain secure the nomination. Just two months ago, the Arizona Senator was still a distant long shot, operating a bare-bones campaign on a bank loan with a dilapidated staff of mostly unpaid advisors. Then almost everything broke his way: Mike Huckabee won Iowa, crippling the powerhouse campaign of Mitt Romney. Rudy Giuliani abandoned New Hampshire, allowing his moderate supporters to shift to McCain. Fred Thompson stayed in the race until South Carolina, bleeding enough votes away from Huckabee to allow McCain to win that key state. Even Huckabee...
...effectively rebooting the site. The prior order "raises issues regarding possible infringement of protections afforded to the public by the First Amendment," he said. Beyond those issues, the judge expressed doubt that a Bay Area court held jurisdiction over a squabble between the Cayman Islands branch of a Swiss bank and a global confederation of whistle-blowers whose Net domain is owned by John Shipton, an Australian national residing in Kenya...
...Zimmerman, a senior staff attorney with the Electronic Frontier Foundation. Zimmerman notes that Dynadot, the site's San Mateo, Calif.-based domain registrar and a target of the injunction, is shielded from liability by the Communications Decency Act of 1996. William Briggs, an attorney representing Julius Baer, says the bank's only goal was to safeguard confidential information. Censorship, Briggs says, was never an objective. "The judge's ruling may herald the end of privacy rights as we know it," he told TIME. "The federal court has abdicated its role as a protector of individual rights by saying...
Abbas had no choice, say Palestinians. Even though Gaza is ruled by Abbas' Hamas rivals, pro-Gaza demonstrations have spread throughout the West Bank towns and cities under Abbas' control, with Palestinians there clashing with Israeli riot police. Many of the slogans they shouted were against Abbas, who is seen by many Palestinians as too pro-Israeli...