Word: capitale
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Some observers argued that there was pent-up demand to buy stocks. The market has been going down so rapidly that investors have been dying to get back in. This point of view is only defensible if there is evidence that individuals and institutions with capital to invest will buy...
It is one thing when someone can't make a mortgage payment or a company cannot cover the interest on capital it borrowed to build a new factory. In a recession, those kinds of events are commonplace. It probably never crosses the mind of the average citizen that the ability...
Seeking alliances with more moderate Taliban elements against al-Qaeda is not a new idea in the Afghanistan-Pakistan context, but until now it has typically drawn a skeptical response from U.S. officials who regularly cast doubt on the wisdom of Pakistan's pursuing such agreements. So the news last...
The Taliban is predominately based among Pashtuns, Afghanistan's largest ethnic group. Increasing Pashtun power in government would exacerbate ethnic tensions in the capital and in the relatively stable north, where Tajik, Uzbek and Hazara groups that helped Karzai into power are in the majority. Success in Iraq, moreover, was...
The villagers of Nazi spoke of a regime that conscripted them as forced labor and made them pay prohibitive taxes or buy expensive business licenses that robbed them of any chance at economic mobility. Because they are not considered citizens of Burma, they cannot work in the public sector as...