Word: dependables
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Obama, who is changing the conventional wisdom, who is saying that we have to have a security system that does not depend on nuclear weapons. President [Dmitri] Medvedev from Russia. Gordon Brown. These people have finally come to realize that the status quo is a recipe for self-destruction...
...pleasantly surprised, and didn't expect this before the third quarter," says Gilles Moec, a European economist for Deutsche Bank in London. "But the improvement is rather thinly spread, and not necessarily sustainable. A lot will depend on whether the positive activity in exports and consumer spending continues, which may prove difficult." (See pictures of the global financial crisis...
...world's 10 biggest economies, China's is the only one that is growing, and it could soon surpass Japan's to become the world's second largest. The Shanghai exchange has soared more than 80% this year, by far the best performance among major markets. Nations that depend on producing commodities, such as Australia and Brazil, have benefited immensely over the past six months as demand from China has driven up the price of raw materials. Helped by trade with China, Asia's export-driven economies are sputtering back to life. Overall, the International Monetary Fund (IMF) forecasts that...
...China develops internally, and how it changes the wider world, will depend on an infinite number of contingencies. A crucially important one, obviously, will be how China and the U.S., the dominant global power, get along. As Barack Obama said on July 27, "the relationship between the United States and China will shape the 21st century...
...fear of imperfection or even failure. Active citizenship is all about tapping into one's amateur spirit. "But hold on," you say. "I will never understand credit-default swaps or know how to determine the correct leverage ratio for banks." Me neither, and I don't want to depend on an amateur physician telling me how to manage my health. But we can trust our reality-based hunches about fishy-looking procedures and unsustainable projects and demand that the supposed experts explain their supposed expertise in ways we do understand The American character is two-sided to an extreme...