Word: centralizes
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...were convinced after a panel of retired generals and admirals delivered a report last year warning of the security implications of rising temperatures, including resource wars and refugees fleeing drought and famine. "I often find people remain skeptical of global warming," says James Woolsey, a former director of the Central Intelligence Agency under former U.S. President Bill Clinton. "But when you start talking about the effect it could have on security, suddenly green things like [solar power] sound a lot better...
...subprime mortgage market. With those banks themselves still somewhat in the dark - even after writing down tens of billions of dollars linked to those soured mortgage loans - it's gotten harder for institutions and individuals to borrow money. Even the Federal Reserve seems spooked: the U.S. central bank early Tuesday slashed a key interest rate by 0.75% to 3.5%, the biggest cut in more than 20 years...
...increasing downside risks to growth," the Board said in a statement. It was the first time since the markets reopened after Sept. 11, 2001, that the Fed had changed the federal funds rate between scheduled meetings. The move buoyed stocks in Europe, and added to speculation that the European Central Bank and the Bank of England would also cut rates in an attempt to stave off a slowdown. In morning trading in Europe, though, stocks fell. Britain's FTSE 100 dropped 1.25%, Germany's DAX index slid 2.16%, and France's CAC-40 fell 2.10%. Markets in Asia rebounded however...
...keep circling back upon is the heavily ironic notion that it is perfectly possible - literally - to get away with murder, totally unpunished, in the godless and amoral modern world. It is the theme of two of his best films, Crimes and Misdemeanors and Match Point, and it is a central element in this movie. Like the protagonists of those earlier films, the brothers are not inherently evil people. They're just rather careless ones. Or perhaps one should say ungrounded. Terry is hard-working mechanic, rather decent at heart, but afflicted with addictions to gambling and booze. Ian dreams...
...nine years in the jails of autocratic President Daniel arap Moi. Yet on Thursday, the man with a reputation as a fiery, charismatic populist struck a sour note when he told reporters that his advisers had warned him that it was too dangerous to try to march, even though central Nairobi had been quiet. Asked how he felt not being able to join his supporters, Odinga replied: "I feel great...