Word: decisional
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The difference in today's decision however was not just the size of the cut, but the message it sends about the central bank's thinking. Though the ECB remains more optimistic about the economic outlook than many economists, it seems finally to be coming to terms with economic reality...
The board that sets ECB monetary policy seems to be divided over the best way to deal with the financial crisis. When asked about the discussion behind closed doors, Trichet would say only that the board reached a "consensus" on its decision. But consensus does not mean unanimous and there...
The court decision was greeted with euphoria by thousands of antigovernment protesters who had blockaded Bangkok's two airports for over a week and had previously besieged the Prime Minister's office complex for months. On Dec. 3 the opposition People's Alliance for Democracy (PAD) declared victory and vacated...
For a decade my father lived alone while supporting his wife and children, who left Korea to pursue a more globally competitive education abroad. Although it was my father who stayed behind, I believe the emotional hardship for any divided family is similar. Understanding the sacrifices of my parents was...
The U.N. declaration does not in fact mention gay marriage, and most of the nations that support it themselves don't allow people of the same sex to wed. Archbishop Migliore confirmed on Tuesday that the Vatican had also refused to sign a U.N. document last May in support of...