Word: brinkly
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Today "the whole industry is on the brink of consolidation," says Kevin Murphy, an airline analyst for Morgan Stanley Dean Witter. "Clearly we're going to go from six major carriers to three, and that will be the story of 2001." If that forecast proves accurate, weary travelers had better enjoy today's service, because the prospects for improvement aren't getting any better...
...Conceived by the 50-year-old director, the plot of Hero offers an unexpected twist on a traditional tale set at the violent dawn of the Qin dynasty, circa 220 B.C. China's soon-to-be first Emperor is on the brink of conquering the war-torn land and three of his most passionate opponents (played by Maggie Cheung, Tony Leung and Zhang Ziyi) are trying to assassinate him. The Emperor hires one man (the inimitable Jet Li) to stop them. Love, jealousy, rivalry and a flurry of martial arts vivify this ripping yarn...
...selective, temporary blackouts, however - hopefully avoiding hospitals and other critical areas - won't get the system off the brink. Deregulation, instituted with much pomp five years ago under Gov. Pete Wilson, started off strong. But when the Silicon Valley boom hit and demand skyrocketed, all those companies that were supposed to come to the Golden State to build new power plants and join the marketplace didn't come fast enough. Existing power suppliers had rising natural gas prices to worry about, and soon found ways to milk the market (and Cal-ISO) for as much as the traffic would bear...
...guess what - the utilities are running out of money. Southern California Edison, the state's second biggest utility, said in federal securities filings Tuesday that it was skipping debt payments and was on the brink of bankruptcy. Pacific Gas & Electric Co. says it's not far behind, and indeed its credit has been downgraded to junk bond status...
...have to convince people that things have changed in Somalia, that we have come back from the brink of hell," says Foreign Minister Hurreh. "We can actually say we have seen hell itself." The lights in his hotel bedroom turned office flicker and fail. In the darkness he says...