Word: easternism
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Twenty years after revolution swept communism from Eastern Europe, the region is in the middle of another maelstrom. The global economic crisis has hit countries like Latvia, Hungary and Poland particularly hard. Eastern Europe's boom over the past few years was fueled in part by heavy borrowing from Western banks and easy access to foreign currency denominated loans. Now, with credit dried up, huge debt loads to pay and Eastern European currencies in free fall, the good times are truly over...
...already issued emergency loans for Hungary and Ukraine. Last week the Latvian government was forced to resign after massive street protests triggered by government austerity measures. Latvia's GDP dropped 10.5% in January alone. There is talk of countries such as Germany having to bail out their smaller eastern neighbors. But rescue prospects are complicated. Western European governments are battling recession themselves and the debt they have taken on to finance domestic recovery packages may make them unable, or unwilling, to aid their Eastern European counterparts. (See pictures of printing money in Germany...
...team now turns its focus to next weekend, when it will compete in the Eastern Intercollegiate Ski Association Championships in Sugarloaf, Maine...
...concluded that vast swaths of the Piedmont, between the low-lying Tidewater to the east and the Blue Ridge to the west, potentially hold uranium.) In two years Marline had found the monster deposits in Pittsylvania. The discovery touched off a hunt for uranium statewide, alarming communities along the eastern slopes of the Blue Ridge that didn't want to see horse pastures turned into mining pits. In 1982, the state acted to ease nerves by declaring the moratorium. Then the price of uranium tanked, dropping to $9 a pound at one point. Mining companies had little incentive to challenge...
...anti-Semitism as well. More than 100 persons were murdered in two terrorist bombings that leveled the Israeli Embassy and the AMIA Jewish community center in downtown Buenos Aires in the 1990s, crimes that remain unresolved by the courts to this day and that sometimes are blamed on Middle Eastern terrorists. But in recent months a wave of marches by hooded demonstrators outside the homes of Jewish citizens and calls for the boycotting of Jewish stores in some provincial cities, in response to the incidents in Gaza, have set off alarm bells ringing in the Jewish community here, which...