Word: dangers
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...Obama failed to offer much hope to the Palestinians, who were afforded just an hour of the 36 hours that he spent in Israel during his overseas trip. Even his speech in Berlin - in which he said, "The greatest danger of all is to allow new walls to divide us from one another" - fell short. Obama's true commitment to eliminating the walls that stand between nations, races and religions remains to be proved. Saber Ahmed Jazbhay, Durban, South Africa...
...taking some serious knocks. Most immediately, there's a real and disturbing rise in knife crime, especially among London's young. Last year, 27 London teenagers were murdered, many of them by fellow teens. This year the teen death toll from violence has already hit 21. The sense of danger on the streets comes at the same time as Commissioner Blair faces questions about his conduct. On July 20, he awoke to news reports about a Scotland Yard contract awarded to a technology company helmed by one of his friends. Blair said in a statement that he has behaved with...
...Survive a Disaster," [june 23] was wrong about fire-drill requirements in New York City. The idea that the Real Estate Board of New York (REBNY) opposes such drills is also completely false. REBNY has consistently supported mandatory, semiannual fire drills, as well as evacuation drills. Because of the danger involved with having people travel down as many as 40 to 60 flights of stairs, and after learning that two heart attacks had resulted, the industry - working with the fire department - agreed that drills shouldn't require walking all the way to the street. Instead, drills would require building occupants...
...practices what he preaches. Lured to Treasury from Goldman Sachs two summers ago by a President in need of domestic-policy credibility, Paulson has grabbed the rudder of a $14 trillion national economy churning its way through a maelstrom. There's always a danger in attributing too much economic impact to one government official, and Paulson certainly shares responsibility with Federal Reserve Chairman Ben Bernanke and Congress - and with his boss, President George W. Bush. But if there is one person whose actions right now will determine whether the combination of crashing house prices, struggling lenders and punishingly high energy...
...Paulson says that unlike the situation with Bear Stearns, there was never a moment when the two firms appeared in imminent danger of failure. But he saw far more dire potential consequences than in the case of Bear. "Their securities move like water among all of the financial institutions," he says of Fannie and Freddie. If holders ranging from central banks in Asia to community banks in Iowa had lost confidence, the ensuing sell-off might have been catastrophic...