Word: contagions
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...What It Means to the U.S. Beware contagion. Argentina will not be able to service its debt much longer. "A technical default is all but inevitable," says a banker. But the danger to the U.S. is not so much Argentina as the spillover. Brazil and Mexico are the critical economies south of the U.S. border, and Mexico's is in a recession. U.S. bank exposure to Argentina as of March was about $12 billion; now add Brazil's $24 billion and Mexico's $18 billion. During the past decade, thousands of U.S. firms have invested heavily in Latin America, buying...
...understanding that could help others avoid such atrocities in the future. Almost all the shooters were expressing rage, either against a particular person for a particular affront or, more often, against a whole cohort of bullying classmates. Some of their stories confirm the notion that school shootings are a contagion, that the perpetrators are imitating the gross acts of carnage they've seen reported in other places. On the day that he brought to school a .25-cal. semiautomatic handgun that he had stolen from his grandfather's desk drawer, Brazill boasted to a classmate that he would...
...understanding that could help others avoid such atrocities in the future. Almost all the shooters were expressing rage, either against a particular person for a particular affront or, more often, against a whole cohort of bullying classmates. Some of their stories confirm the notion that school shootings are a contagion, that the perpetrators are imitating the gross acts of carnage they've seen reported in other places. On the day that he brought to school a .25-cal. semiautomatic handgun that he had stolen from his grandfather's desk drawer, Brazill boasted to a classmate that he would...
...restrictions on French exports because of confirmed cases of foot-and-mouth in the western region of Mayenne. The bans, said Marc-Henri Cassagne, head of the organization that monitors animal health in France, "are abusive in their application to areas of France that have shown no sign of contagion." But even Agriculture Minister Jean Glavany warned that the slaughter-and-burn policy around Mayenne may not halt the outbreak. "There will be more cases," he said flatly...
...important here, too. "Equity markets are seen as the bellwether of economic vitality," says Parker of the Royal Bank of Scotland. It's just possible, he warns, that with the U.S. and Japanese economies in real doubt and the FTSE and dax falling, fear alone could trigger a "global contagion." Even people who haven't been seriously damaged yet could suddenly decide to stop spending and keep their money safe in the bank. But how serious is this risk? Parker guesses that "this is one virus coming over from the U.S. that isn't going to give us a cold...