Word: betting
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...hawkers on the Champs-Elysées, public sector strikes are an almost inevitable feature of autumn in France. But this season there is an extra crispness to the recurring collision of labor entitlement and government reform. Unlike any of his recent predecessors, President Nicolas Sarkozy is willing to bet his entire mandate on victory in this decisive show-down with unions. He may, in fact, have little choice...
Five years ago, British scientist Colin Pillinger convinced the world's biggest medical-research charity, the Wellcome Trust, to bet on a project far beyond its usual scope: a probe to find life on Mars. Detecting life on other planets, he argued, would be a giant leap for mankind toward understanding the origins of life back on earth. But in 2003, the Beagle 2 probe - worth tens of millions of dollars, and carrying a gas-analysis unit bankrolled by Wellcome - disappeared without a trace into the Martian atmosphere. Four years later, scientists and funders alike are delighted...
...Paul. While you may get a deluge of criticism from other Paul fans, Stein's job is to report the story as he sees it and not provide pro-Paul propaganda. Regarding the possibility of Paul's getting the nomination: yes, it is a long shot. But then, I bet that six months ago, Stein didn't expect he would be writing a piece about an obstetrician Congressman from Texas...
Ting's modest credentials didn't bowl over the high-flying venture capitalists at the Singapore government's Economic Development Board (EDB), which is seeking to boost the country's biotech industry. "Nobody bet on us from the government," he says, an account that officials confirm. So, to fund the company that would eventually make the BPro, HealthSTATS International, Ting sold three of the four medical clinics he was running. "Everyone thought I was mad," he says. Ting launched the BPro in Singapore last spring, and is readying its launch in the U.S., where it has been cleared for marketing...
...everyone is buying that opinion. "I have some doubts" about those growth predictions, said Blanque. "Recovery is a bet on investment, and investment is running out of steam." He believed the U.S. still suffers from overcapacity--not to mention consumer indebtedness. Tyson agreed that the American consumer's ability to keep on spending will prove decisive...