Word: demande
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...declining, so why own American stocks? (He doesn't.) Second, China is emerging, and even though it may have crises from time to time, it is a good place to invest. (He does.) Third - and this is the biggie - emerging nations including China are greatly increasing the future demand for commodities such as oil. (He's in with both feet...
...China's export dependency went far beyond the unbalanced structure of its real economy. Its financial and currency policies were also aimed at deriving maximum support from external demand. A closed capital account and an undervalued renminbi (RMB) were icing on the cake for China's powerful strain of export-led growth. Moreover, to the extent that its currency-management objectives required ongoing recycling of a massive reservoir of foreign-exchange reserves into U.S. dollar - based assets, such capital inflows helped keep longer-term U.S. interest rates at exceptionally low levels. In effect, China's implicit interest-rate subsidy ended...
...film at midnight in 16 college towns. Many showings were sold out. Sorry, come back next week, if you dare. No tickets created a hot ticket - the movie grossed $1.2 million in its early, limited engagements - and Paramount stoked the fever by urging fans to go online and "demand" a wider release. More than a million such requests came in, allowing Paramount's website to brag that PA was "the first-ever major film release decided by You." (See the top 10 comeback movies...
...deal that would involve sending a substantial portion of its current stock of enriched uranium abroad for processing into harmless reactor-fuel rods. Still, while Iran may be open to taking steps to strengthen safeguards against it turning fissionable material into weapons, it remains unlikely to heed the Western demand to refrain from producing that material in the first place. Even in the best-case scenario of Iranian cooperation President Obama - who was hailed by the Nobel committee for his efforts at nuclear non-profileration - would likely face a choice about whether the U.S. and its allies could live with...
...Israel and the Arabs And then there's the conflict between Israel and its Arab neighbors, that hardy perennial that has inspired at least four previous Nobel Peace Prize awards. President Obama has little to show for making Mideast peace a foreign policy priority. Israel has bluntly rejected his demand for a complete freeze on settlement activity, and Prime Minister Benjamin Netanyahu refuses to negotiate over Jerusalem and Palestinian refugees despite Obama having named these among the final-status issues on which he hopes to revive talks this month. Palestinian Authority president Mahmoud Abbas is prevaricating on talks, mindful...