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Word: broking (lookup in dictionary) (lookup stats)
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...Building a Better Tiger Asian leaders for years have recognized the need to reduce dependence upon exports to the developed world. But as long as the engine wasn't broke, they weren't inclined to make extraordinary efforts to fix it. Now, it appears Asia's primary growth driver is, at the very least, badly bent. Meaningful reforms that diversify the sources of economic growth may be needed if the region is to avert a prolonged period of moribund economic activity...

Author: /time Magazine | Title: Losing Traction | 2/26/2009 | See Source »

...crisis because experts have told them, quite correctly, that home prices are critical to the finances of a large percentage of the people in America. After a decade or more of increasing consumer confidence which was built primarily on appreciating home values, most people, even those with jobs, are broke. They have what economists call "negative net worth", a condition which almost always leads to malaise...

Author: /time Magazine | Title: When Mortgage Assistance Does Not Work | 2/25/2009 | See Source »

...some erupted in bouts of derisive laughter. When Obama warned of those who make the "same old claims" that rolling back tax breaks for the wealthy is a "massive tax increase on the American people," one Congressman shouted out of turn, "You're right!" A large group of Republicans broke into disruptive cheering when Obama vowed to not pass on to the nation's children a "debt they cannot...

Author: /time Magazine | Title: Obama Gives Team America a Pep Talk | 2/25/2009 | See Source »

...then he broke up the huddle and sent his players out to face their toughest opponents in a generation: the biggest economic catastrophe that America has faced since World War II, ongoing wars in several countries and a fiscal time bomb that, unless it is defused, will destroy the American dollar and the American future. The odds are daunting, but now everyone knows the coach believes we can still be champions...

Author: /time Magazine | Title: Obama Gives Team America a Pep Talk | 2/25/2009 | See Source »

...showdown between Zardari and the Sharifs had been brewing since the PML-N broke away from the ruling coalition following a dispute over the restoration of judges sacked by Musharraf. Zardari had agreed to reinstate Iftikhar Chaudhry, the deposed Chief Justice who became a symbol of the lawyer-led movement against Musharraf's dictatorship but then backtracked once the military ruler left office. Nawaz Sharif had since been quietly positioning himself as an alternative to the PPP, even as Zardari struggled to contend with the pressures of a souring economy, rising militancy and a diplomatic standoff with India...

Author: /time Magazine | Title: Ruling Throws Pakistan into New Political Turmoil | 2/25/2009 | See Source »

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