Word: fallout
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...intricacies of foreign exchange don't really matter here, but the fallout does. For globetrotting Americans from Barcelona to Bonn, things are 25% cheaper than at home. The strong buck also means that European goods cost less in the States, which helps hold down inflation and interest rates...
...fallout from that lawsuit...
...driven view of Beijing as a "strategic partner" rather than a competitor, and in part by skittishness fueled by domestic concerns. Thus when the embattled Chinese reformer Premier Zhu Rongji came to Washington to conclude a WTO deal in April 1999, Clinton backed off because of the domestic political fallout over nuclear espionage allegations. But sending Zhu home empty-handed not only weakened Beijing's reformers in their battle against hard-liners, it also fostered a climate of mistrust that erupted into open hostility the following month when a NATO bomber inadvertently destroyed China's embassy in Belgrade...
...many inside the administration and intelligence community, as well as European NATO members, China and Russia. Clinton may be given more wiggle room on the politically popular program next week when the nation's intelligence agencies meet to reassess North Korea's capability, as well as the expected fallout if the U.S. goes ahead...
TIME New York correspondent Elaine Rivera on the political fallout...