Word: britain
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...technical acumen. Colin Montgomerie, who finished second to Woods in the 2005 Open at St. Andrews, says British links courses such as Birkdale magnify the inherent capriciousness of golf, demanding extraordinary patience and equanimity in the face of fickle conditions. In contrast to American courses, the rough in Britain is typically not uniform, leading to inconsistent results for errant shots. What's more, the weather along Britain's coasts can change so quickly that golfers teeing off in the afternoon may find themselves playing in completely different conditions than competitors who started earlier in the day. At Birkdale...
This month Taylor Wimpey, Britain's biggest housebuilder, failed to secure badly needed new funding from existing shareholders or new investors; its stock has dropped by 95% in the past year. Several Spanish homebuilders and construction firms are also struggling. Hetal Mehta, an economist at Ernst & Young in London, says U.K. house prices - which have dropped about 8% from their peak last year - could fall another 10%. Deutsche Bank figures the total drop could be closer to 25% by the end of 2010. Whatever the eventual decline, housing woes are already casting a chill on spending. For example, says Mehta...
...issue of the environment, the two nations have strong reasons to heal past wounds. So do lots of others. Pick a pair of developed and developing nations--the U.S. and Russia, Germany and Poland, Britain and India--and there is history, but at the same time beckoning opportunity. At next week's G-8 summit, to be held in Japan, the leaders of the world's most advanced economies hope to make headway on one of the biggest opportunities: an agreement to reduce greenhouse-gas emissions that would succeed the Kyoto Protocol, which expires...
...which hides from the disinterested spectator neither it nor its smell." But in 1900, when he could no longer stomach the foreign adventures of the Western powers, he came right out and called a pile of it a pile of it. In the previous year or two, Germany and Britain had seized portions of China, the British had also pursued their increasingly nasty war against the Boers in South Africa, and the U.S. had been suppressing that rebellion in the Philippines. In response, Twain published in the New York Herald a brief, bitter "Salutation-Speech from the Nineteenth Century...
...that's true, why do so many political leaders continue to warn about the threat - or even the likelihood - of another major terrorist attack? Why did the U.S. National Intelligence Estimate say al-Qaeda "has protected or regenerated key elements of homeland attack capability"? Why would the head of Britain's domestic intelligence service, MI5, say there were 2,000 citizens and other U.K. residents who posed a serious threat to security, a number of whom took direction from al-Qaeda? The struggle against al‑Qaeda - and, to a lesser extent, the quest to capture bin Laden - has dominated...