Word: counterfuls
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...without a global economic crisis. But, in the current scenario, investors that had previously been attracted to the generous interest rates of the region have fled as fast as possible. And very few remain, making it very hard for these countries to roll over debt or put in place counter-cyclical measures to ease the effects of the global crisis. In a way, it has been like the Tequila Effect in Mexico or the Asian financial crisis in the 1990s, in which confidence crises presented potentially catastrophic problems without a clear way out for governments that did not command trust...
...that even its greatest leader had trouble making the transition from revolutionary to democrat. In office, Mandela expressed admiration for autocrats like Fidel Castro and Muammar Gaddafi, and in his farewell speech to the ANC party conference in 1997 claimed South Africa's violent crime was part of a "counter-revolution" engineered by pro-apartheid whites "to render the country ungovernable." But in retirement, Mandela rediscovered his inner democrat, speaking out against tyranny, wherever he found it - even in his own party. In March 2007, at the funeral of Adelaide Tambo, wife of his longtime friend and comrade Oliver Tambo...
...these militants will feature prominently in Holbrooke and Mullen's meeting with the Pakistani leadership, says Najam Sethi, a newspaper editor and a prominent supporter of Islamabad's alliance with Washington against militancy. Pakistani politicians and analysts believe that the military establishment, in its enduring efforts to counter Indian influence in the region, is reluctant to change course until there is a Pakistan-friendly regime installed in Kabul and a resolution to the Kashmir dispute. One politician described the fear of being squeezed from both borders as "being caught in a nutcracker." (Find out why Pakistan fears encirclement by India...
...arrive, there will be about 55,000 troops there from the U.S., plus 37,000 from its allies. The latest Afghan war is now Obama's war. The Administration has signaled that it is downsizing expectations about what can still be achieved: the principal goal now is to counter terrorism and bring a degree of stability to Afghanistan - not to turn a poor and fractious nation into a flourishing democratic state. When Obama laid out his new strategy last month, he made it clear that the mark of success would be the ability "to disrupt, dismantle and defeat al-Qaeda...
...become synonymous with any number of antigovernment forces.) Tribal elders say the fight in the Korengal is directed and funded by Gulbuddin Hekmatyar, a warlord who was once backed by the U.S. and has links to al-Qaeda. Nevertheless, says valley elder Sham Sher Khan, the way to counter the insurgency hasn't changed. He thinks reopening the timber trade would help. "The Taliban say they are fighting because there are Americans here and it's a jihad. But the fact is, they aren't fighting for religion. They are fighting for money," he says. "If they had jobs, they...