Word: fatefulness
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...fate of Detroit will probably be determined next month. GM (GM) and Chrysler submit their restructuring plans to the Treasury and Congress. The UAW and creditors have not given enough in terms of concessions so far to make the government comfortable. If the GM plan is approved, 47,000 people lose jobs. If the plan is not, the number could be much larger. A bankruptcy of America's largest car company could not only lead to huge increases in the number of people out of work; it could leave a gaping hole in the confidence people have in the government...
...apology regretting the damage to “state property,” although they forgot to mention the firefighter who died while combating the flames. And, finally, 12 CCTV employees were arrested “on suspicion of creating a disturbance with dangerous materials.” Their fate is, at this point, unclear...
...they leave, what will happen to them? The fate of Sri Lanka's IDPs is the central political issue that will face the nation when the army claims victory. "It's how the whole world will look at the country," says an official with an international aid agency. In the best case, the camps, under the monitoring eye of U.N. agencies, will be used as holding stations where the army can weed out any LTTE fighters who remain in hiding, before allowing civilians to return to the Vanni to rebuild the north. "In the worst-case scenario, they establish concentration...
...Duch”—has finally been brought to trial.While in charge of a notorious Khmer Rouge prison camp in the late 1970s, Duch oversaw the systematic mass murder of approximately 15,000 inmates. Now he sits in a Phnom Penh courtroom, watching his own fate unfold. Some might say that the actions of an evil but long-gone Cambodian regime 30 years ago have little bearing on the world of today. But the Khmer Rouge’s brutal genocide, which eliminated about one-fourth of Cambodia’s population, deserves to be prosecuted accordingly. Even...
...thus, failed to inspire confidence in the market in 1932 and 1933 because it lacked the “vigorous intellectual leadership” necessary to do so. Weak leadership did not overcome antagonism between the 10-year-old Fed and the New York Clearinghouse—a fate that could befall Geithner’s public-private fund today...