Word: brinkly
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...California faces a $25 billion budget shortfall, which it must resolve by July 1, the state is on the brink of financial disaster, and ripples from its fiscal collapse could adversely affect both the nation's economic rebound and, potentially, the Federal Government's credit status. The Republican governor and GOP legislators say they will not raise taxes, especially after Schwarzenegger and six Republican legislators joined a budget deal with Democrats in February that combined deep cuts and $12.8 billion in higher taxes. Now the budget shortfall has spiked again as state tax receipts have dropped 27% from a year...
...problems started, as the article admits, when the Americans used us to fight their war against the Soviets in Afghanistan, spawning the Taliban and creating a refugee crisis that drained our resources. Now, again, we are plunged into an American war that is pushing us to the brink. We love our country and we will not succumb to terror - al-Qaeda's or America's. Nishat Mummunka, Lahore, Pakistan...
...persevered. I was trying to find out the answer to a question that's riveting the tech world these days: namely, Will the Pre save Palm? An iconic Silicon Valley company that pretty much launched - then lost - the smart-phone category, Palm has been teetering on the brink of irrelevance. But now it's fighting back with the Pre, the much hyped smart phone that Rubinstein & Co. have been working on for two years; it launched June 6 ($199 at Sprint stores in the U.S.) with all the expectations of a summer-movie blockbuster. (See TIME's video "Family Tech...
...doomed NeXT Computer, where he was wooed by Jobs. He arrived at Apple in 1997, about the time Jobs returned from exile and, as one of Jobs' trusted lieutenants, ran the hardware side of the company. The candy-colored gumdrop iMac he built helped haul Apple back from the brink. When Jobs decided that Apple should make a digital-music player, it was Rubinstein who discovered a tiny hard drive at Toshiba's research labs that would be the soul of the new machine: the iPod. (See the top iPhone applications...
...they are hardly isolated from global events: the impact of the worldwide recession is pushing some Central Asian societies to the brink. Tajikistan, like other poor Central Asian nations, has over the years seen many of its able-bodied men leave to work in the more prosperous cities of Russia and oil-rich Kazakhstan - at least a tenth of the Tajik population of 7 million is migrant labor. Remittances sent home comprise some 40% of the country's total GDP, according to UN figures, and account for only slightly less in Uzbekistan and Kyrgyzstan. Now, with the collapse...