Word: cataclysm
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Beijing must now try to avoid rekindling the anger that grew in the wake of the cataclysm of two years ago, when a massive quake tore through neighboring Sichuan province, killing at least 87,000 people and leaving millions homeless. Then, as now, the majority of victims were killed in buildings that collapsed. Despite an estimated $250 billion recovery plan, allegations that faulty construction contributed to that death toll - particularly at the schools - have plagued China's government ever since. (See pictures of China's Sichuan quake, six months after...
...pride of place as the source of national anxiety. President Obama has called for independent commissions to seek ways to reduce spending. The media are filled with talk of America's path of financial suicide; economists warn that the debt crisis in Greece is a dry run for the cataclysm that awaits America and the world as U.S. deficits and debt balloon...
...young Tom Hanks, history was as dull as an algebra equation. For Hanks - a classic baby boomer, born in 1956 - World War II was just a string of long-ago muzzle flashes in black-and-white. Yet he did have a more direct connection to the global cataclysm. His father had been a U.S. Naval mechanic (second class) in World War II. But Amos Hanks wasn't the type to tell his son tales of bravery and sacrifice. "Growing up, I always knew Dad was somewhere in the Pacific fixing things," Hanks says. "He had nothing nice to say about...
...actually going to fall next year. Why? Because it's 2010, Mexico's bicentennial, and Mexican history has an eerie way of repeating itself. Mexico's 1910 centennial, after all, saw the start of the bloody, decade-long Mexican Revolution, which killed more than a million people. And that cataclysm was precisely a century after the start of Mexico's bloody, decade-long War of Independence...
...accept deposits and issue personal loans), investment banks (which trade securities and manage corporate acquisitions), and insurers to merge. Subsequently, the pace of bank mergers accelerated, creating gigantic one-stop financial shops. When these banks teetered on the brink last year, Congress, fearing that their collapse would cause economic cataclysm, was forced to bail them...