Word: disasterous
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With that growth came near disaster, as big loans to Cuban sugar planters went bad. What saved the bank was the salesmanship of Charles E. Mitchell, head of City's securities arm, who repackaged the bad Cuban debt--and went on in the 1920s to find ever more creative ways...
But he still needs to define victory down. Afghanistan is bigger and more populous than Iraq, with harsher terrain and a literacy rate one-third as high. It has no real history of centralized government; a fictional border with Pakistan, which militants cross with ease; an economy based largely on...
See pictures of the humanitarian disaster in Congo.
Sullenberger, Chesley B. III • horrific disaster is averted by
Egypt is reportedly proposing that an immediate truce, in which Israeli forces retain their current positions but advance no farther, be followed by negotiations of a full withdrawal and reopening of the crossings. Egypt will most likely agree to enhanced mechanisms for policing the smugglers' tunnels, but those tunnels were...