Word: drifting
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...race and initially refusing to back any of his rivals, Delanoë on Monday endorsed Aubry, who favors a more orthodox leftist counterattack on Sarkozy's neo-liberal, pro-market reforms that might also win support of Green and Communist Party voters who resent the PS's recent drift toward the center. However, it's uncertain that Delanoë's more moderate but now angry supporters will back Aubry in sufficient numbers to deny Royal - especially with Hamon splitting the party's left flank. So in the immediate wake of the Reims congress, the PS remains a party in search...
...Stock markets are fickle, of course, and soon they returned to their downward drift. But the impact of the stimulus will last far longer because it marks the shift of China's economy away from manufacturing and exports to other means of growth. Says Ben Simpfendorfer, a China economist with the Royal Bank of Scotland in Hong Kong: "In a decade we'll be looking back at this moment and saying, 'This was it, this was when things really changed.'" The number doesn...
...around East Jerusalem, and other Arabs stay away. Beitar's fans may be right: the millions of shekels lavished on the Arab vote may be wasted, as they could be spent on new star players for Gaydamak's luckless team. Meanwhile, Jerusalem, the capital of three monotheistic faiths, could drift toward religious intolerance. As columnist Tom Segev writes glumly in the newspaper Haaretz, "All that is left is to envy those Jerusalemites who have already left the city...
...this raised an important question: How far to the middle would Harvard Republicans have to drift in order to successfully establish themselves as the New Right...
...Housing Starts: Also on Friday, the U.S. Census Bureau releases housing starts, a figure that measures the number of privately-owned new residential homes being built. Analysts predict figures will either level off or continue to drift downward slightly from the August number of 895,000. The upside: "There isn't a lot of room for decline," says Englund. Many experts believe the bottom is near. LaVorgna says it is just a matter of time before the number drops below 800,000, a large plummet from the 2005 high of more than 2 million new homes under construction...