Word: far
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Dates: during 2000-2009
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Probably not. There are two crucial differences. One is that much of today's U.S. trade deficit comes from U.S.-based corporations selling products at home that were partly or entirely made in China. As a result, the trade relationship with China has become far more ingrained in the economic fabric of the U.S. than that with Japan ever was. Some evidence: in the first nine months of 2009, the global economic slowdown cut the U.S. deficit with Japan 47% compared with the first nine months of 2008. The deficit with China dropped just...
...only question about BABs is the cost. So far local governments have issued just over $50 billion in BABs with an average yield of just under 6%. That means the federal government is paying just over 2% interest on that debt a year, or about $1 billion. Many estimate that the volume of BABs could triple over the next year. What's more, most of these bonds are issued with a term of 15 or 30 years. That means by the end of 2010 the federal government could end up being on the hook for as much as $90 billion...
Even if Karzai did a more effective job of governing, it's far from clear how many Afghans would be willing to fight their fellow Afghans in the Taliban. While poverty and corruption at the local level certainly fuel the resentment on which the Taliban capitalizes, it is not a protest movement against bad governance as much an insurgency rooted in Islamic and nationalist identities that challenges a political order installed and defended by foreign armies...
...Keyhan, the ball is now in the U.S.'s court. They quote an "informed source" as saying, "Clearly, the West needs to make an agreement with Iran and we have provided them with the means to save face." The source continued, "From this point onwards, everything depends on how far the West can correctly calculate the benefits of interaction with Iran...
...maxillofacial surgeon, Jerome Sobel has brought a smile - literally - to hundreds of patients' faces. But the Lausanne physician has a second job that is far more somber: helping terminally ill people end their lives. Sobel is president for French-speaking Switzerland's chapter of EXIT, an assisted-suicide organization that provides a lethal dose of barbiturates to terminally ill patients who want to end their life. (See pictures of suicide in the U.S. Army recruiters' ranks...