Word: centralism
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...halted by one stroke. Banks and other financial companies around the globe are struggling to pull themselves out of this mess. Rebuilding will take time, vast amounts of money and constant attention. Sooner or later, the hundreds of billions (or trillions) of dollars that the Fed and other central bankers are throwing into the markets will stabilize things. Sooner or later, housing prices will stop falling because no financial trend continues forever...
...enormous but unavoidable margin of error. Unlike in developed countries, such as the U.S., that have the infrastructure to compile more detailed population-wide medical records, disease surveillance in places like the Democratic Republic of the Congo, a large central African country with few doctors, few roads, limited medical infrastructure and a recent history of bloody conflict, is a much more difficult undertaking. Officials have trouble counting births and deaths in some regions, let alone getting a sense of how many people may have suffered from a particular disease...
...Carlyle Hotel and the Palm Court at the Plaza Hotel in New York City as the only smart places in the U.S. to take tea, those of us west of the Mississippi were dismayed that you did not mention the spectacular Dushanbe teahouse in Boulder, Colorado. The only Central Asian teahouse in the Western Hemisphere and a gift from our impoverished sister city, Dushanbe, Tajikistan, it is exquisitely decorated with hand-carved and hand-painted ceilings, tables, stools and interior wood columns. It is an extraordinary work of art that never fails to enhance the experience of sipping the world...
...Though they never could admit it for fear of government persecution, their song has a veiled political message. They are—very delicately, of course—connecting one controlling, harmful and popular force (tobacco) to another (their government). Angst and rebellion may not be central to the culture, but after a summer living in the People’s Republic of China, I have decided that they are feelings that are naturally experienced by all people—Lily, Veona, Jin Mei, Chen Qi, Joanie, and Chachi alike. This is not so in art—particularly...
While recent government intervention—which most recently include massive loans provided by the Federal Reserve and other central banks—has calmed markets somewhat, Harvard’s money managers wrote in their annual letter to investors last week that they are “keenly aware” that the slide in the capital markets may continue...