Word: brinks
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...List, however, isn't a death sentence - careful conservation work can bring back species from the brink of extinction. The black-footed ferret in the western U.S. was believed to be extinct in the wild - meaning it was only found in captivity - until it was successfully reintroduced into the wild by the U.S. Fish and Wildlife Service between 1991 and 2008. Conservationists did the same work in Mongolia, where they successfully reintroduced wild horse to the steppes of Central Asia. And new techniques - like selling the carbon sequestered in standing forests as a way to fight climate change - offer...
...notion that Asia has somehow "decoupled" itself from the U.S. now seems fanciful. China and America have come so close to merging financially that we can almost speak of "Chimerica." When Fannie and Freddie were on the brink of collapse, many were surprised to learn that fully a fifth of China's currency reserves was composed of their bonds. Small wonder. Having spent much of the past decade intervening on currency markets to prevent the appreciation of its renminbi, China has accumulated a huge hoard of dollar-denominated bonds. No foreign nation stands to lose more from a U.S. financial...
...Chancellor of the Exchequer, in his Budget statement only last year. No Chancellor since the war has quite so disastrously misread the economic situation, or so fundamentally misunderstood the inescapable nature of market economies - namely, that the greater the binge, the greater the hangover. Today, Britain is on the brink of recession, inflation has jumped to 4.7%, the housing bubble has burst, and mortgage lender Bradford & Bingley has just been nationalized...
Some locals point their finger at Republicans for bringing the country to the brink. "I have to believe that if nothing has happened by Thursday, the market will tank," says Phil Solari, a Marietta resident and registered Democrat. Republicans, he says, "created this mess, and they're now incapable of getting their own people behind the President to vote for this bill. They either didn't understand what it meant to the average person on the street or they didn't care." - By Paige Bowers / Atlanta...
...asking Congress 11 days ago for the authority to spend up to $700 billion to buy troubled assets, Paulson and Fed Chairman Ben Bernanke were hoping to share some of the responsibility and the blame - and get the freedom to boost companies that weren't already on the brink of failure. Instead, they're back to being crisis managers for the moment - and maybe for the duration of the crisis...