Word: cabineted
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Etchemendy is “extremely good at explaining the reason for decisions that might otherwise be unpopular,” Roberts said. “He gets up in front of Faculty Senate or Cabinet, and says, ‘Here are all the facts. What can we do with this?’ He throws this on the table and lets us know that these decisions are hard...
...saying 'everything's great, let's leave it alone,'" he says. "Their discussion is all about, 'how fast do we move?'" He and his boss in the White House are hoping China's leaders move decisively within the next two years, before Bush's term expires and a new Cabinet is appointed. Otherwise, Hank Paulson might be the last friendly face at the U.S. Treasury the Chinese see for a while...
...ways of the nation's diplomatically skilled forebears. Just as before, Thailand's economy is dependent on negotiating global forces-the country is the world's No. 1 exporter of rice and relies on tourism and foreign direct investment to power its growth. Yet in recent weeks, the Cabinet appointed by the ruling generals, who in September overthrew the democratically elected Prime Minister Thaksin Shinawatra, has unveiled economic measures that have left foreign investors distinctly uncharmed. In December, to combat an appreciating currency that was irking Thai exporters by making their goods pricier overseas, the central bank briefly instituted harsh...
...That globalist warning bell may ring true in Davos, but in Thailand, ground zero of the 1997 Asian financial crisis, economic protectionism is on the rise. "There are several members of the coup Cabinet who believe Thailand is too dependent on foreign investment," says Supavud Saicheua, head of research at Phatra Securities in Bangkok. "They believe it's their duty to fix things before global economic trends negatively affect Thailand." In a country where the King is widely revered, the junta's Cabinet has shrewdly tied its closing-door strategy to an existing royal mandate. After the regional financial meltdown...
...Thai public doesn't appear too rattled. Although a local poll showed the junta Cabinet's popularity plunging from 90% to 48% since October, that's largely blamed on a mysterious New Year's Eve bombing campaign that killed three people in Bangkok-not on economic nationalism. "I think there is a growing group in Thailand that believes business here should belong to Thais, not foreigners," says Sukhbir Khanijoh, senior analyst at Kasikorn Securities in Bangkok. That sentiment was stoked by Thaksin's controversial $1.9 billion sale last year of his family stake in telecom firm Shin Corp. to Singapore...