Word: exit
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...question now is whether this international love affair with Russia as a place to do business can continue. The shooting war in Georgia this month sent investors in Russian stocks rushing for the exit: the RTS stock index has sunk to its lowest level since November 2006 and is down 32% in the last three months. The fighting was the most deadly sign that Russia is not a predictable or stable investment environment, but it was by no means the only one. Along with the new geopolitical uncertainties, foreign businesses and investors are also grappling with signs of economic vulnerability...
...Katz. That was crucial when Katz lost his job and when Kovack decided to take one that paid less. Katz says, "I knew he wouldn't sacrifice paying the mortgage to do other things, and he had to trust that I had enough money saved." The pair also talked exit strategy early on. They agreed to hold on to the house for at least two years. After that, if one of them wants out, the house goes on the market...
...Still, Musharraf's exit is likely to provide the coalition a significant if brief popularity bump. The Karachi Stock Exchange rose 4%, and the rupee rose marginally against the dollar. But with inflation at 25%, alarming levels of capital flight, soaring costs of food and fuel, and rising unemployment, the economic outlook remains bleak. And as Pakistan-based Taliban become more confident, Islamist militancy is a growing concern...
...opponents have steadily closed in, some of his key allies have abandoned his side. The powerful army he led for nine years shows no sign of intervening. And even the once guaranteed voice of support from Washington appears to have fallen silent, while the chorus calling for his exit continues to grow louder...
...London - who have long valued Musharraf as a key ally in the "war on terror" - would like to see the already enfeebled President suffer the indignity of impeachment proceedings. The same holds true for the army. "Negotiations are going on between the coalition and the army for a safe exit to be given to Musharraf," said former general Talat Masood. "I think the Americans and the army are demanding he be given safe passage. For the army, impeachment would mean a huge distraction from the war on terror and may even be seen as the army being impeached...