Word: bottome
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Depending on the source, Japan's mythic "Lost Decade" lasted from 1989 to 2003, or sometime later if the exact bottom of the real estate market in the Asian nation is taken into account. Because the period began with easy access to capital followed by a sharp drop in the stock market and property values, it is now being compared to what many economists believe began in the US two years ago. They fear, probably with good reason, that GDP growth will simply stay in a narrow band of extremely modest growth or no growth at all and the lack...
...concern about the American economy which is re-emerging is not whether it will run sideways for years the way that the Japanese economy did; it is whether the US GDP and employment will continue to tumble and go on looking for a bottom for several months...
...system had been structured to answer static Cold War-era questions, like how many missiles there are in Siberia. What the U.S. needed after Sept. 11, Andrus argued, was something that could handle rapidly changing, complicated threats. Intelligence organizations needed to become complex and adaptive, driven to judgments by bottom-up collaboration, like financial markets or ant colonies - or Wikipedia. (See the top 10 Secret Service code names...
...work on with him. There are one or two things that [Netanyahu's] term "economic peace" can mean. One, that economic development is a substitute for state, and that's obviously not acceptable. I personally think he wants the second, to build the [Palestinian] state from the bottom up. I understand and buy into that. It's important for the Israeli government to come out and say we want a two-state solution, but the circumstances have got to be right...
...situation is further complicated by the desire of Pakistan's politicians to pursue a strategy that is seen as being independent of Washington. During Foreign Minister Shah Mahmood Qureshi's press conference with Holbrooke and Mullen, Qureshi insisted that there were "red lines" that Washington should not cross. "The bottom line is a question of trust," he said. "We are partners, and we want to be partners. We can only work together if we respect each other. There is no other way. Nothing else will work." Mullen agreed that the two allies should work toward a "surplus of trust," while...