Word: brinks
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...Good things may yet come of this exhausting upheaval, and Turkey does have a way of bouncing back from the brink. But in the midst of a global economic crunch, as conflict brews between neighboring Iran and the West, it has squandered valuable time and credibility on an essentially internecine dispute. Sunday's bombings are at the very least a fatal reminder of how high the stakes...
...month the already debilitated economy of one-third of its projected foreign exchange. And earlier this month the peso, which was worth 26 to the dollar in 1982, fell in only a week from around 530 to 750. By now, this fury of calamities has pushed Mexico to the brink of defaulting on its foreign debt of $98.6 billion. As De la Madrid recently warned, ''Dead men don't pay debts.'' Last week the country scrambled to avoid a financial collapse. The Central Bank intervened in currency markets to push the peso back to 660. De la Madrid appeared...
...because it can quickly erase years of hard-won personal gains. And inflation can be particularly cruel to the poor, because families are forced to spend a larger share of their meager incomes on necessities. UNICEF estimates that an additional 1.8 million children in India may be on the brink of malnutrition due to high food costs as households scale back on meals. In the Philippines, farmers, unable to afford fuel for tractors, are reverting to water buffalos to plow their paddies...
Extreme hunger, and the scenes of desperation it causes, is shockingly common. WFP, the U.N. food-aid agency, reaches more people than any other humanitarian organization in the world. It plans this year to feed about 90 million in 78 countries; almost all of the recipients hover on the brink of starvation. Here in Karamoja, in Uganda's semi-arid northeast corner, food distribution is now a daily ritual. In its 45-year history, WFP has handled war, famine and just about every other kind of disaster, natural or made by man. But Karamoja is pretty typical. After years...
...Boosters claim that undergraduates comprise the heart of the University. If they’re right, Harvard is habitually on the brink of cardiac arrest...