Word: dependent
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There is a lot more oil and gas where that came from, if Beijing can bring itself to depend on Moscow as a supplier. The two former communist powers have never trusted each other, but new capitalist economics trumps old socialist enmity. Russia needs money, and China has $1 trillion sitting in corporate coffers...
...base-building allows this rally to continue for a while, but you're also saying that it could take the Dow back below 7000? What determines our fate? Whether we return to the lows will really depend on what happens to the financial-sector stocks. The government has provided many new programs to help fix our banking system, and how those programs work will determine whether the financial stocks have to go to new lows. The broader stock market has been building a technical base since October, but financial stocks are just starting to build a base. The risk...
...Whether it is Wagoner’s fault or not, however, GM’s current position is financially untenable. The auto company is dependent on government handouts, and there are no signs that its status will be able to stand on its own any time soon. Thousands, even millions, of jobs and a significant part of the American economy (especially the battered manufacturing sector) depend on GM remaining afloat. Whether or not pulling GM out of the red is possible at this point, though, it is clear that Wagoner is not the person for the job. By urging...
...Still, Netanyahu is experienced enough to know that his success as a leader of Israel will depend substantially on his ability to manage the peace process - and to at least appear to be making progress. And that may make him more open to pursuing the Syria option...
...latest dictum is that ‘skills are obsolete,’’ Mitchnick writes in an email. ‘There is great work being made, important, current, contemporary, thought-provoking work that doesn’t depend on knowledge of or experience with materials. It doesn’t replace painting, but it fits more easily into academia...