Word: caution
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...summit, Japan backed calls by the U.S. for greater fiscal spending to combat the recession - moves opposed by leaders of several European countries including France and Germany, who fear that unchecked government spending will lead to rampant inflation. But Aso dismissed German Chancellor Merkel's caution about fiscal stimulus before heading to London. "The fact that he picked a fight with Merkel plays very well - like he's one of the big boys," says Gerald Curtis, a professor at Columbia University who has written extensively about Japanese politics. "He looks like a leader. Even though people are nervous about increasing...
Although the ISI's association with the Taliban has hardly been a secret, some observers caution against rushing to judgment. Robert Grenier, a former CIA station chief in Pakistan, says "this is a very complicated, very nuanced situation." Grenier, now with the security firm Kroll Associates, explains that the ISI operatives who have links to "people we regard as enemies are not so much trying to aid them against America as preparing for a future when Americans and NATO are no longer in Afghanistan." In such a future, "the Pakistanis would be reluctant to concede the field to people whom...
There are several reasons for all this caution among economists. One is that the numbers aren't all that positive, and a few good days could easily give way to a disappointing run. Also, there's a lot of noise in the data, and seeming turning points are sometimes just the product of flawed measurement and random chance. (See the 25 people to blame for the financial crisis...
...Emmy-winning thriller Damages never would have made it on broadcast because of its byzantine twists and turns; it would have to be simplified, Law & Order -ized. Ditto HBO's and Showtime's hits: an audience intensely interested enough to pay to watch TV will reward risk, not caution...
...Flat and writes "Seattle has Bill ... Bangalore has Nandan"), Nilekani possesses a bird's-eye view of India's strengths and weaknesses. Though inclined to see information technology as a panacea for India's social ills (he admits he fears being deemed "the computer boy"), Nilekani is quick to caution that safeguarding India's growth requires far more than economic prowess. (Read "Stressed Out in India's Tech Capital...